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.
Full Article