In 2021, at COP26 in Glasgow, it seemed that the world had finally accepted what many of us had long recognized: climate change is far more than an environmental issue—it represents an unprecedented economic and systemic threat. Global leaders and investors pledged trillions of dollars to decarbonize portfolios and align their strategies with the ambitious goals of the Paris Agreement. It was a moment charged with optimism, a glimpse of what collective, bold action could achieve.

 

Yet, as we stand in 2025, the reality feels starkly different. Many of those same investors who passionately championed climate action have retreated following Donald Trump's reelection, revealing that their commitments were conditional—subject to the "vibe" of the moment, convenience and political sentiments. The urgency of climate action, however, does not ebb and flow with election cycles. It remains relentless, indifferent to our politics, and profoundly unforgiving.

 

Let us be clear: every day we delay meaningful action against climate change, we compound not just environmental risks but substantial economic and social consequences. We're not merely talking about theoretical impacts—this is a stark reality manifesting daily through devastating wildfires, destructive floods, widespread droughts, and staggering economic losses measured in trillions. Ignoring these warnings isn't just morally indefensible; it’s financially reckless.

 

As venture capitalists, we are uniquely positioned to meet this moment head-on. We bridge innovation and investment, leveraging capital to accelerate technological breakthroughs that address the climate crisis directly and powerfully. We have the extraordinary opportunity—and indeed the responsibility—to catalyze solutions that not only mitigate climate risks but also create unprecedented economic opportunities and strengthen global resilience.

 

Investing for climate and social positive impact isn't philanthropy; it's strategic business. It’s aligning returns with responsibility and positioning ourselves and our portfolio companies at the forefront of a new economic paradigm. It's about foresight, adaptability, and leadership in a rapidly changing world.

 

If others are unwilling to maintain their resolve, we must step up and fill the void. We have never had a greater incentive, nor a greater imperative, to lead boldly.