15+ NEW ways to invest in climate (January 2024)
🎉 welcome - 850+ Climate Investing Community members!
📖 read time - 3 min
Welcome to Intention’s monthly roundup of new ways to invest in climate. We know that it’s difficult to find climate-specific investments so we’re doing the legwork for you.
PS - We'd love for you to share this newsletter so that everyone can benefit from these new ways to invest in climate 😊
🚶 Feb 6th: Virtual March to Retire Big Oil
Last week's Ask-Me-Anything was with Sphere CEO's Alex Wright-Gladstein, who is organizing the upcoming Virtual March to Retire Big Oil (Feb 6th). More about the campaign:
Over 80% of Americans are worried about climate change, but 99% of Americans with retirement savings don’t have the option to make climate-friendly investments. We are assembling for a Virtual March down Wall Street to get every American a 401(k) option that doesn't invest in big oil. Would you join us by posting a picture of you marching on February 6 or sharing about the march with your followers on that day?
Check out Thursday’s amazing AMA here. Thanks for dropping by, Alex!
🛜 Feb 8th: AMA w/ Intention Founder Nisha Desai
Follow our events calendar on Lu.ma! Upcoming CIC events:
CIC AMA w/ Intention & CIC Founder (02/08)! Intention has been developing a climate impact investment platform to connect retail investors with climate tech startup investments through a community-managed fund model.
📈 New ways to invest in climate (January 2024)
Newly announced investing opportunities. Selection based on company description but impact not assessed. Not investing advice.
🔥 Epic personal finance resources 🔥
CIC’s Climate & Money Resource List: Our cut-the-crap list of personal climate finance options covers saving, investing, spending, giving
Check out Ming Zhao’s How to Read a Term Sheet
🌲 Bonds & debt notes 🌲
GreenStreet Global (10%, 2yrs): Making it profitable to lower carbon emissions from commercial buildings.
National Energy Improvement Fund (8.5%, 7yrs): Certified B Corp lender boosting affordability of vital energy upgrades for home & building owners.
Solar Harvest for Howle Farms (10%, 2yrs): Family-owned farm in SC installing solar and battery system.
Verde Market (12%, 5yrs): Pam & Martha are growing their zero waste grocery store and expanding its offerings!Â
🌲 Start-up investing 🌲
aich2 ($10M, SAFE): Accelerating the adoption and integration of Green Hydrogen across industries.
blu opportunity ($50M, SAFE): Disrupting the solar loans market through an innovative lending platform.
OffGridBox ($11M, SAFE): Manufactures containerised solutions which include solar panels and/or water purification or desalination systems.
Oonee ($26M, SAFE): Bike infrastructure designed to scale in cities.
Oxydus ($16M, preferred stock): Patented tech that could decentralize water distribution & solve a water crisis.
StackRack ($40M, common stock): Install a smart battery system in every building connected to the electrical grid.
Therma (Equity): Providing energy management to businesses to automate operations, reduce energy costs, and manage buildings better.
🌲 Accredited only or high minimum 🌲
A few opportunities have recently been shared in our CIC Slack, including:
🌲 Equities (stocks/ETFs/etc) 🌲
Roma Green Finance Ltd (ROMA)
👇 see you in the comments section 👇
What’re you investing in this week? Let the community know!