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DIPANJANA MAULIK
5 w
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Moving money, matchmaking for building resilience of mother earth
Moving money, matchmaking far building resilience off mother earth

The WDHT founder, who left his finance job ten years back for climate commitments has extended his role to match making. This is match making between investors and the ventures, which are aiming to uphold sustainability. He has recently moderated the fourth session of this match making among two entrepreneurs and a group of investors for expediting moving money to sustainable businesses. It is important to understand the context and to know how different key actors are mobilized, coalesced for building resilience of our world.

Context

World material logical organization has recently confirmed that 2024 was the warmest year in the last 10,000 years with 1.55° centigrade temperature rise above pre-industrial level. In the recently concluded conference at Davos, Professor Y Rockstrom showed that the world has been warming at a linear rate for fast 50 years. The temperature rise was occurring at the rate of 0.18 degree centigrade per decade. But in last decade the rate of temperature rise jumped to 0.26 degree C rise. In a comprehensive slide similar trend of temperature rise was presented for ocean temperature, atmospheric temperature rise sea surface temperature and four other parameters. The graph clearly shows something is different in past two years : 2023, 2024. The climate scientists are yet to figure out the reasons behind the difference. However, three possible reasons have been shortlisted which are:

1.Aerosols which are emitted from air polluting sources and are commonly identified as air pollutants, these are scattering the solar radiation and reducing net energy entry into atmosphere
2.Albedo changes, the earth is losing its ice covers. Ice usually reflect the solar energy back to sun. Global warming is causing melting of ice making earth surface darker in colour with lesser capacity to reflect back radiation or in other words containing more heat and energy in atmosphere
3.Earth is losing resilience as Amazon forest has already turned to net carbon sink from net carbon source

This rapid changes in earth’s energy balance is going trigger more serious changes in weather. Professor Rocksom and his teams shall hence forth conduct Planetary Health Check. The health card is expressed from green ( good health) to Violet ( very bad). The 2024 report card shows that health is in “yellow” status, which means still there is little chance to return to improve to green status. But it needs global scale climate actions.

EU is leading in climate action by achieving 8% reduction in GHG ( Green House Gas) in 2023 with China leveling up their emission for the first time in 2024 after continuing to increase GHG emission for decades. 250 countries with 6 trillion worth has already approached the EU authorities with an appeal not weaken the climate policy of EU. The performance analysis of the companies with good climate review in WDHT platforms indicate that these companies have also contributed in 8% increase in climate friendly investment ventures.
Persistent effort of WDHT has deterred the largest Swedish Pension Fund holding company Swedish AP 7 from investing in fossil fuel based companies. Two Swedish Bank has stopped financing fossil fuel fired ventures.

It is essential to move more money to climate friendly and sustainable ventures. Many start ups are now ready for scaling up their business and searching for funds. Investors are also searching for suitable green firms and WDHT is, therefore, arranging the sessions where the aspirant start ups shall present their case before the investors so that they get the necessary funding.

In match making session #4 , two companies presented their case before the possible investors:

1.Hemp Innovations - Plant protein based food producer

They are producing plant based proteins. People start to eat more protein as their income increases. This trend of shifting food habit from carbohydrate food to protein based food is evident across the world. Unfortunately, animal protein production processes are grassland grazing, GHG emitting, more water consuming. Sustainability scientists are pointing out that animal protein based diet for a world with 9 or 10 billion population is surely an unsustainable option and it is important to reverse the trend towards plant based diets. EU citizens being more climate conscious are opting for plant based diet but 75% of plant based foods are imported. In a world with ongoing wars and uncontrolled skirmishes, it is important to build local food resilience.

Hemp Innovation is producing plant based proteins, burgers with no pesticieds, less water but consumption higher Omega 3 acid and other food values. 70 farmers have joined with 505 hecters of agricultural land and 20 Tonnes CO2 absorbing per hectare.Hemp is sequestering 1000 T of CO2 , which is equivalent to reduction of 27000 air trip between .. and..

Global market value of Hemp is 12 billion in 2024 and is envisaged to grow to 51 billion by 2032 with a CAGR of 22.5%. Hemp is planning to invest in textile, construction and food production. However, in order to thrive Hemp need 500 K Euro investment. Hemp plan to launch 20 plant based products in retail chain of Sweden and aspire to expand their business in Africa. Clas Dahlén, presented their proposal.

Agniterra a special purpose fund

Gennady Yasevich presented their innovative fincing schemeGeothermal energy is being considered as a clean energy source, where drilling shall be done at a depth of two to three kilometer underground and heat is expected to be harvested from the rock strata. This venture need fund support. A geothermal finance Innovation is being designed to attract accredited investors and institutional investors. The objective is to

1)democratize the capital flow
2)Acceleration of capital flow
3)Provide seed money to cleaner power plants
It is also proposed that funding shall not be done to a single plant but an entire sector and fund shall not be locked. Digital units shall be provided and investment shall be of liquid nature.
Gennady Yasevich dreams that triple bottom line of money, environmental and societal benefit shall be obtained through this project.



Moving money to right businesses is expected to ensure timely action.
https://www.youtube.com/watch?v=DMjeOF4oDu0


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4 w
The need for more funds to support green businesses is clearer than ever
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When the capital flows in the right direction sustainability becomes unstoppable.
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4 w
This is wonderful move the money intiative is an investment that shows we are heading to right direction on our main goal go green, clean, and sustainable future that's safe.
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The WDHT founder should be celebrated for his #MOVE THE MONEY campaign. It has borne great results and secured financing for climate action.
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Impressive, moving money to the right business is ensuring that we also invest in climate change.