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Report from Davos: We have to move from inspiring discussions to radical action

Sustainability has become a keyword in the World Economic Forum discussions in Davos. But will this translate into more radical climate action? At Chi Impact Capital, we hope so and will do all we can to make sure it does. By joining the discussions and pushing for a more holistic and sustainable approach to business, we can make a difference in the most influential forum in the world.
On January 15-26, the World Economic Forum gathered in Davos for a conference on the financial state of the world. These conversations include some of the world’s most influential people, and the outcomes are felt in corporations all over the globe. The importance of having systems change and positive impact creation as key themes in the discussions can not be understated.
Fortunately, these words seem to have taken center stage in Davos in the past few years. While attending the Forum, Chi Impact Capital took part in multiple events that covered positive impact from a variety of perspectives, highlighting that many companies consider sustainability a key factor to success. Despite this, radical climate action is too rare in the corporate world, and we want to be a part of changing that.
One side discussion, taking place at the House of Trust, focused on the transformative role that luxury products can play in social and environmental change. By putting the spotlight on sustainable production and consumption, the luxury industry can create meaningful environmental experiences that inspire and encourage people to live more consciously. As private investors, we appreciated this conversation managed by Diana Verde Nieto, author of Reimagining Luxury and Co-founder of Positive Luxury, featuring an array of experts on the subject.
Enrique Alvarado Hablutzel alongside the jury and contestants in Salesforce’s Dreampitch competition during the World Economic Forum in Davos
Enrique Alvarado Hablutzel alongside the jury and contestants in Salesforce’s Dreampitch competition during the World Economic Forum in Davos

Our CEO Christin ter Braak-Forstinger was also part of the judging panel for the Litestream Ventures Annual Impact Investment Gathering, alongside other impactful leaders from Una Terra, KOMPAS VC, Icos Capital, and more!
We were also happy to have our co-founder Enrique Alvarado Hablutzel join the jury of Salesforce’s Dreampitch competition, evaluating the prowess of three entrepreneurs using AI and data to address some of the planet’s most pressing challenges. Highlighting solutions in such a direct way sparked a lot of interesting conversations!
And these were only a few of the discussions that we were a part of. We joined the Green Accelerator, the Citi Innovators and Investors Reception, the Casper Labs Hub at Davos, and much more!
As we move into 2024, we hope to see these conversations translate into more radical actions and collaborations between companies. We need to move much faster to secure a livable world, and only by working together and moving our funds to the right solutions can we solve the climate crisis fast enough.
  • George Kariuki

    7 w

    I share of the same sentiment. Plus, transparency and clear metrics are crucial to ensure discussions translate into measurable positive outcomes.

    • Kevin

      7 w

      This is a great resolve. It is very imperative for the discussions to move from the roundtable to the action table. Less talk ,more action.

      1
      • Munene Mugambi

        7 w

        My thoughts exactly. We spend so much of our time discussing climate change in boardrooms, passing numerous resolutions, and other bureaucratic procedures; hence, we forget that without action, we are not making it out. We need to up our game when it comes to taking the real action seriously.

        4
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