Some lessons on how to fulfil the climate tech promise

At the Unlocking Capital for Sustainability 2023 event, Richard Mattison highlighted optimism for energy transition to sustainable alternatives to combat climate change, with a projected 25% reduction in greenhouse gas emissions by 2050. Challenges include capital, development periods, and historical investment returns, but recent improvements show promise, with climate tech exits reaching US$114 billion in 2021. While SPACs offer resources for climate tech companies, a long-term, meticulous approach is needed for successful energy transition in Southeast Asia, akin to deep tech investment, emphasizing research, development, and technical understanding.

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