🏳️🌈 Pride in Investing: Halfway through the Year, Time to Reflect
"Science tell us that it's not too late, but we have to pull hard, every day, together, to make a difference ... You don't have to know where we'll end up. You just have to know what path we're on."
– Prof. Kim Cobb
🚀 Our Discovery Portfolio shows a movement towards NetZero
Delighted to present you with our cutting-edge Investment Portfolio and invite you to join us on a journey towards a sustainable future. Follow us at @RumboVentures
🌎 Embracing a Purposeful Journey - Fernando Lelo de Larrea, Rumbo Ventures
“The scientific community warns that we have a limited window of opportunity to limit global warming to 1.5° C above pre-industrial levels. Beyond this threshold, the consequences will be catastrophic, [...] particularly in vulnerable areas like Latin America. What fueled my conviction was the realization that, beyond financial gains, impact investing allows us to harness the power of purpose and actively contribute to a more sustainable future.”
🌱 From Plate to Planet: Revolutionizing the Food System with WISH Foods - Elidet Hernández, Rumbo Ventures
“Over the past decade, our food system has been driven by the “cheap food paradigm”[…] This approach has led to increased use of fertilizers, pesticides, energy, land, and water, coupled with deeply unequal distribution. Not only does the food system cause ecosystem damage and species extinction, but it also contributes approximately 30% of total CO2 emissions, making it a significant driver of climate change.”
🌲 Cultivo: Redefining the origination process to regenerate nature - Jimena Méndez & Alicia Hernández, Rumbo Ventures
“Restoration of forests and other ecosystems has been identified as one of the most effective strategies for mitigating carbon emissions by the IPCC, the leading climate institution (IPCC, 2022). And with this environmental potential come attractive business opportunities”
Work on Climate 🇺🇸
We are also happy to join networking events as the one organized by Work on Climate in San Francisco last month to connect with startups, entrepreneurs and like-minded colleagues in the climate field.
Innovate4Climate 🇪🇦
Wherever climate-related events occur, Rumbo endeavors to be present! By @WBG_Climate
Hack Summit 🇨🇭
Wow! We spent an incredible 36 hours straight at #HackSummit connecting with over 950 brilliant minds in #climateTech –from innovators to operators and investors. Hosted by @socialnest_org
Fi 23 Impact Investing Forum 🇪🇸
We had the great honor of taking part in Madrid's Fi Impact Investing Forum, where we had the invaluable opportunity to enhance our knowledge and forge impactful connections. Hosted by @socialnest_org
Reads 📚
📣 Climate tech investing in 2023 — Carbon Equity’s top 12 market and tech trends - Carbon Equity
Top 6 climate tech trends
Precision fermentation becomes a force in food
Carbon removal takes the stage
Flexibility in demand solutions
Grid-scale batteries become more attractive
Clean heating without overheating our planet
Innovation in raw materials
🛢️ 'Big oil' bankrolls more climate VC deals, a dilemma for founders - Pitch book
🔥 The climate tech sector is booming—here are the applications VCs are most excited about - Fortune
😵 Climate Anxiety. The existential threat posed by climate change is deeply troubling to many young people - Harvard Medicine
“Problem-focused coping has a societal benefit in that it leads to “pro-environmental behavior” [...] But climate change is far beyond any one person’s control, and problem-focused coping can leave people frustrated by the limits of their own capacity and make them unable to rid themselves of resulting worry and negative emotions.”
Recordings 🎤
🔎 Mastering Climate Impact Measurement: Your Expert Crash Course (ft. Isabelle Canu and Stefan Maard) - Climate Insiders
⚡ The four horsemen of the energy transition: where’s the money going? - The Interchange Recharged
♀️ Why are women more affected by climate change? - The climate question
🚀 The future of Climate Tech, Silicon Valley Bank
📈 Venture Capital and Growth Equity Ecosystem in Latin America 2023, Endeavor & Glisco Partners
💼 Venture Capital Fund ToolKit, IDB
Random 🛸
Extract from the book “All We Can Save: Truth, Courage, and Solutions for the Climate Crisis'
Communities 🤜🤛
• Join here to LATAM Path to Net Zero Slack
• Join here to Work on Climate Slack
• Join here to My Climate Journey
I want to live on a planet that can hold us. I believe we can all still help it, us, do so. If nothing else, why not try? Why hot hope, and then act as if? This is our one wild, lone home; what other choice do we have?
-R. O. Kwon