Thank you to all our panelists for a great conversation on Creative Credit Strategies to Build the Transition to Net Zero during #NYCW!
As part of #NYCW, I enjoyed participating in a @Generate-hosted panel discussing Creative Credit Strategies to Build the Transition to Net Zero alongside @Tadeu Carneiro, CEO of @Boston Metal, and @Katie Rae, CEO of @Engine Ventures, and moderated by @Matt Zeitlin of @Heatmap. It was a pleasure to learn from others on a topic core to Generate's work. A few of my top takeaways include: Financing the transition to sustainable infrastructure is hard. It will require $9 trillion annually, and $8 trillion of that will be dedicated to building physical assets of which we estimate $5.8 trillion will be in credit. Compare this to a global sustainable bank project market estimated to be $830 billion. This is both an enormous opportunity and an enormous challenge -- and we'll need creative solutions to solve it. Creative credit is key to unlocking the transition. While de-risking climate tech with blended finance solutions has long been the focus of many investors, increasingly investors are seeing the value in de-risking these companies and assets through blended finance for credit. Credit investors need climate market expertise. From community solar to on-site power to green steel, there are so many exciting sustainable infrastructure solutions that are protecting the environment while increasing the resilience of the world's population. But these solutions involve many project-specific complexities, and creating and scaling their markets requires investors who understand (a) how to build them; (b) how to finance them; and (c) how to operate them. #NYCW #SustainableInfrastructure