Climate Connect: Navigating Clean Technology and the Energy Transition
“Imagine a world where everyone has access to clean energy,” says Mike Purnell, Co-Founder and General Partner of EHI Cleantech Ventures, “a world where the water we drink and the air we breathe in our communities is pure and uncontaminated.” This is the driving vision behind EHI, an early-stage venture capital firm investing in underrepresented founders working in the climate technology space.
Originally published by VC Include. Click here to access link to the original article.
Even with 97% of Latin America's population able to access its water resources, achieving potable quality and consistent supply is still a formidable challenge, especially as the population is forecasted to reach 717 million by 2030. The call for innovative cleantech solutions in water treatment and management is urgent and a gateway to sustainable regional advancement.
There has been an increasing focus on the need for climate justice in recent years to promote equality across societies. We believe that greater investment in climate justice through environmental, social, and governance (ESG) schemes could help develop disadvantaged communities, which could ultimately support national economic growth and decrease unemployment.
In the pursuit of clean energy objectives, digital business models offer immense potential. Unlike traditional energy-service models, which face challenges adapting physical infrastructure and data collection methods to changing customer needs, digital models thrive on software-driven solutions.
Cleantech solutions such as intelligent water monitoring systems, advanced filtration technologies using nanomaterials, and efficient water treatment plants leveraging renewable energy sources are ripe for venture capital investment. These technologies mitigate the risks associated with aging infrastructure and present opportunities for creating a resilient water system that promotes local and national economic stability.