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Marie Ekeland launches 2050, a new fund with radically ambitious, long-term goals

TechCrunch

Marie Ekeland has unveiled her next act — and it’s a new fund called 2050. But it’s not your average French VC fund as it’s going to be an evergreen fund focused on building a better world. If you’re not familiar with Marie Ekeland, she used to be an investor at French VC firm Elaia. Let’s start with the investment thesis.

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Betting On The Price Of Carbon

A VC: Musings of a VC in NYC

My partner Albert shared this article yesterday which suggests that the price of carbon will have to reach $150/ton by 2030 in order to create the conditions for the world to get to zero carbon by 2050.

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Korean VC Sopoong closes $8M fund for startups focused on environmental impact

TechCrunch

Two years ago, South Korea unveiled a plan to reach carbon neutrality by 2050. Sopoong , a social impact-focused VC, intends to support environmentally minded tech founders in South Korea and Southeast Asia, while building a bridge between Korean conglomerates and startups in the sector. Getting there will be another story.

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New York’s Climate and Community Protection Act

A VC: Musings of a VC in NYC

What this bill does is commit New York State to some of the most agressive goals of any city, state, or region: This is a legally binding legislative act to achieve an 85% reduction in greenhouse gas emissions by 2050 and a goal of net zero. My view is that we need ambitious goals like this and penalties for not reaching them (the stick).

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New report examines Africa’s growth in the digital economy and VC investment landscape

TechCrunch

The market size of Africa’s digital economy is massive and, if projections go as planned, should top $712 billion by 2050. While many publications and reports have done an excellent job of describing the opportunities that abound on the continent, a few stakeholders like Endeavor believe a more precise picture needs to be painted.

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280 Earth Opens First Direct Air Capture CO2 Plant and Closes $50M Series B Round

American Entrepreneurship

The overall goal is for DAC to be a “negative emissions technology” by 2050. A highly skilled investor team of B uilders VC , G ideon Yu , and A lphabet, Inc. To do this the International Energy Agency believes DAC must be ambitiously scaled up to capture more than 980 megatons of carbon dioxide a year.

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TechCrunch+ roundup: Cell-cultured meat, alternative financing, avoiding tech debt

TechCrunch

But a United Nations report estimates that we’ll need to double global food production by 2050 to meet the needs of 10 billion people. Use alternative financing to fuel VC-level growth without diluting ownership. Use alternative financing to fuel VC-level growth without diluting ownership. yourprotagonist.

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