Climate Venture Studio: Launching Startups + AI & Parametric Insurance

Montauk Climate uses a venture studio model to build startups in energy, mobility, and adaptation, tackling AI’s energy demands and innovating parametric climate insurance.Montauk Climate is a venture studio that launches and grows startups in the mobility, adaptation, energy, decarbonization, and sustainability sectors.Evan is a serial founder, power trader, board member, and investor with 20 years in the energy sector, including roles as Head of Venture Investing at Riverstone, a $40B energy investment and infrastructure firm.In this episode, you’ll learn these four important takeaways and much more.How a venture studio worksHow he incentivizes experienced corporate executives to help build and lead the startups they launchWhy compute is the current of the future, and how AI could be using 10% of global power in the years to comeWhy adaptive insurance using IFTT parametric functions is needed in a future disrupted by climate change🔗 PODCAST SHOW LINKS:Montauk Climate - https://montaukclimate.com Evan - https://www.linkedin.com/in/evanc1 📈 JOIN EFI’S CLIMATE CEO PEER GROUP:Become an EFI Climate CEO Fellow — Join North America’s top private peer group community for growth-stage CEOs in climate tech and sustainability. We’re a community of 80+ CEO Fellows, Alumni Allies, and Mentors (investors and post-exit CEOs) representing over $20B of market value or financial assets for climate solutions. Apply here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.entrepreneursforimpact.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠📣 READ EFI’S NEWSLETTER:Join over 20,000 entrepreneurs, investors, and innovators who get our three-minute read about changing the world through startups, finance, humor, and wisdom. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://entrepreneursforimpact.substack.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠✍🏼 LEAVE A PODCAST REVIEW:To help more people discover the climate tech CEOs and investors we interview, please take one minute to review or rate this podcast. Since we don’t take any sponsors for this podcast, we appreciate this small gesture of your appreciation. Here are instructions: ⁠⁠⁠⁠⁠https://ratethispodcast.com/guides/where-can-people-leave-podcast-reviews⁠⁠⁠⁠⁠🤔 PODCAST HOST:Dr. Chris Wedding is the founder of EFI (climate CEO peer groups), cofounder of Terraset (carbon removal), Senior Advisor at Javelin Capital (investment banking), Board member at World Tree (regenerative forestry), Board Advisor at DG Matrix (next-gen power electronics), Duke & UNC professor, ex-private equity investor, ex-investment banker, occasional monk, father of three, 2x ax-throwing champ (huh?), Time Magazine Person of the Year in 2006 (Google it), and super humble guy (as evidenced by this long bio).