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Climate Finance Is Targeting the Wrong Industries
Roughly half of the world’s emissions currently can’t be reduced, yet green investment continues to avoid the sectors that need the most help—manufacturing, agriculture, and the built environment.
Mobility accounts for only 15 percent of emissions, while more polluting industries like manufacturing, food and agriculture, and the built environment are underfunded. World Fund has developed a benchmarking system called the Climate Performance Potential, or CPP, which is gradually filtering through to academia. This pairs a team’s ability to execute with an almost competitive product in a climate-effective technology bucket to understand the order of magnitude that your multiple can achieve.
Or read this on Wired