Climate Investments is a $1+ billion fund investing in technologies and business models that lower the carbon footprint of the energy and industrial sectors and their value chains. The fund was created by the CEOs of the Oil and Gas Climate Initiative to take practical action on climate change. We invest in innovative companies that are ready to be commercialized and we collaborate with global co-investors and industrials to achieve speed and scale.
This year we’re excited to partner with CERAWeek to host our first Venture Day of 2019, part of our ongoing venture series aimed at attracting leading technology that can materially reduce CO2. On March 11, we will be offering up to $50M to promising technologies or business models that reduce CO2 via increased energy efficiency in the Energy and Industrial value chain.
To learn more about OGCI Climate Investments, please visit www.oilandgasclimateinitiative.com/climate-investments/.
Letter from the CEO:
Dear CERAWeek Participant,
As CEO of OGCI Climate Investments, I am thrilled to partner with CERAWeek to host our first Venture Day of 2019, focused on Energy Efficiency to reduce CO2. This event is part of our ongoing venture series aimed at attracting leading technologies that can impact our carbon footprint.
Our focus on Energy Efficiency is just one answer to a complex equation: how do we address the growing demand for access to reliable and affordable energy, while also helping to meet the critical challenges of climate change and air pollution?
There is no simple solution, but it is our hope that we can collaborate with the best and the brightest and that together, we can help solve this equation.
If you’re not familiar with OGCI Climate Investments, we are the $1+ billion fund set up by the Oil and Gas Climate Initiative and we invest in technologies and business models that lower the carbon footprint of the energy and industrial sectors and their value chains. In addition to investments, we also support our investee companies in gaining access to customers and deployment. We’ve been operational since June 2017 and in this short time, we’ve made nine investments across our three focus areas: Reducing methane leakage; Reducing CO2; and Recycling CO2.
e plan to significantly ramp up our investments this year and we’re always interested in meeting with co-investors, innovative companies, and industrials to discuss opportunities. CERAWeek brings together industry experts, global energy leaders and policymakers; it is an exceptional space to build connections and begin the conversations that may lead to the next game changing idea.
Climate Investments will be present in several sessions and we look forward to connecting with many of you to discuss the important, innovative work that lies ahead.
Dr. Pratima Rangarajan
CEO, OGCI Climate Investments