ClimateX $18m A round for adaptation; London Climate Week; Political Risk

Richard Delevan reports from London Climate Week 2024. Starting at the Groucho Club, he brings listeners to the flagship event at the ExCel, showcasing the vibrancy of the climate tech sector. He highlights interviews with key industry leaders including Duncan Reid of Reset Connect, Sarah Mackintosh of Clean Tech UK, and Lukky Ahmed, CEO of ClimateX, who discusses their recent $18 million funding round.Wicked Problems is member-supported. To receive new posts and support my work, consider becoming a free or paid subscriber.Ahmed explains how ClimateX focuses on helping financial institutions integrate climate risk into their models through sophisticated data analytics. Further discussions touch on the challenges and opportunities of the private sector in climate adaptation finance, the role of public policies, and the upcoming political developments that could impact the sector.Additional insights come from of Carbon Risk, discussing the effects of political shifts on carbon markets. The terrific Carbon Risk political risk pricing analysis that led to this chat: Europe's green backlash was priced in a long time ago And EDB’s Kenneth Ler on the ambitious sustainability goals of Singapore.The episode underlines the importance of policy stability, innovation, and global collaboration in tackling climate change.01:58 Overview of ClimateX's Mission02:13 ClimateX's Unique Approach to Climate Risk04:16 Focus on Financial Sector06:23 Data and Technology Behind ClimateX11:55 Adaptation and Future Plans20:45 Advice for Founders25:46 Introduction to Peter Sainsbury and Carbon Risk27:50 European Elections and Green Backlash33:35 Impact on Carbon Markets and Policies40:23 UK Political Landscape and Climate Policies45:44 Discussing Market Opportunities and Challenges46:12 Singapore’s pitch at Reset ConnectOur ad-free member feed is at wickedproblems.earth. And check out our playlist: https://open.spotify.com/playlist/2AWvHdqqNAUCJcByQEokut?si=2320c971486e4799 Hosted on Acast. See acast.com/privacy for more information.