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Climate Proofers

Maëlis Carraro On Building A Climate Adaptation Venture Fund

13 Aug 2024

Description

Africa is a magnet for climate risks – from floods to droughts to storms like Tropical Cyclone Freddy, which displaced half a million people in Malawi last year. However, the continent's vulnerability has also made it a hotbed of climate adaptation. Thousands are joining (or starting) businesses to climate-proof the continent – and investors are taking note. In this week's episode, Louie is joined by Maëlis Carraro, managing partner at The Catalyst Fund, a pre-seed VC fund and accelerator that supports African climate adaptation startups. They discuss how Catalyst started, the importance of adaptation-focused funds, and what startups are making waves throughout the African continent. They also get into the landscape for blended finance and what needs to be done to crowd more private capital into climate adaptation companies. Learn more about The Catalyst Fund at www.thecatalystfund.com. Sign up to climateproof.news for a twice-weekly dose of climate adaptation & resilience news and insights. Questions? Comments? Email Louie at [email protected]  

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