Impact, innovation, and investment: how VCs aren't a good fit for climatetech and the need for economic biodiversity, with Richard Muscat (Untangled)
In a slight departure from our usual building performance themes joining us for this episode we have Richard Muscat, a man who has experienced the world of investment and tech from a fascinating range of angles and is seeking ways to do things differently.
In essence, we’re looking at the way venture capital and climatetech are organised in ways that aren't conducive to delivering the impact that's promised. We're not just picking on VCs, we're using them as a means of highlighting a bunch of systemic economic issues—chief among them is how unrealistic goals for growth (in its myriad forms) almost always leads to failed impact. Perversely, it's a bug in the impact investment space that's a feature of the broader investment system.
In essence, we’re looking at the way venture capital and climatetech are organised in ways that aren't conducive to delivering the impact that's promised. We're not just picking on VCs, we're using them as a means of highlighting a bunch of systemic economic issues—chief among them is how unrealistic goals for growth (in its myriad forms) almost always leads to failed impact. Perversely, it's a bug in the impact investment space that's a feature of the broader investment system.
We also get into concepts of degrowth and economic biodiversity.
Good Homes Alliance event
Launch event of our a best practice guide to ‘Water Efficiency and Reuse in Housing’ on Thursday 10 July.
Notes from the show
- Richard Muscat on Linkedin
- The Untangled website
- Richard's recent LinkedIn post that we mention
- The Project Drawdown website
- Human flourishing doesn't require perpetual growth; it requires sufficiency, by Jason Hickel
- Smarter Finance 4 EU — the project Jeff's been working on and promoting because green home certification is about not just energy use, or IAQ, etc, but how residents live their lives once they leave the front door i.e. nature + cycling + public transport + climate resilience etc. all matter
**SOME SELF-PROMOTING CALLS TO ACTION**
We don't actually earn anything from this, and it's quite a lot of work, so we have to promote the day jobs.
- Follow us on the Zero Ambitions LinkedIn page (we still don't have a proper website)
- Jeff and Dan about Zero Ambitions Partners (the consultancy) for help with positioning and communications strategy, customer/user research and engagement strategy, carbon calculations and EPDs – we're up to all sorts
- Subscribe and advertise with Passive House Plus (UK edition here too)
- Check Lloyd Alter's Substack: Carbon Upfront
- Join ACAN
- Join the AECB
- Join the IGBC
- Check out Her Retrofit Space, the renovation and retrofit platform for women
**END OF SELF-PROMOTING CALLS TO ACTION**