Galvanize Climate Solutions

We're proud to welcome Secretary John Kerry to Galvanize Climate Solutions as co-executive chair. Secretary Kerry’s unparalleled knowledge, credibility, and convening power will help Galvanize expand the firm’s global scope, scale solutions across asset classes, and generate compelling returns. Learn more about his role here: https://lnkd.in/eaVkb2r2

Loved seeing two of our co-chairs Tom Steyer and Katie Hall honored on the TIME100 Climate list this year alongside several portfolio company leaders: Tim Latimer of Fervo Energy, Matthew Eby of First Street, and Greg Jackson of Octopus Energy. https://lnkd.in/eij4CmKY

The power of economics, prices, and markets cannot be repealed. That is why I'm more confident than ever in the inevitability of the energy transition, and why you should be too. My Galvanize Climate Solutions co-chairs and I share some thoughts here:

It has been a busy few weeks across our offices in SF, NYC, and London, but our NYC team carved out some time on Friday for a much needed team lunch. It was great to have Tom Steyer in town for the day and Sec. Kerry shared that he thinks we need to stock the office with less healthy snacks and more sweet treats. Any suggestions? Tom Steyer Joseph Sumberg Cliff Ryan Nicolette Rabadi Jaze Alexander Munoz Nadine Anderson Kate Neubert Wade Ted Falkenhayn Frances Lodge Yu Jeong (Yu Jeong) L. Evi Steyer Kate Nassab Rachel Reardon

Congrats to Tim Latimer, co-founder and CEO of?Fervo Energy, on his recognition on this year’s TIME 100 Next List. Fervo uses fracking technology to supercharge the output of geothermal wells. Last year, in collaboration with Google, the company piloted a first-of-its-kind commercial-scale power plant and began pumping electricity into Google data centers. Getting juice to the grid is a key milestone for energy startups—and one many never reach. Read more about Tim and Fervo here: https://lnkd.in/eNdv8ZGs?

Our real estate team joined MIT Center for Real Estate's podcast to share their approach to enhancing asset performance while reducing environmental impact - including the metrics they use to assess the effectiveness of its sustainability initiatives. Hear from Joseph Sumberg and Nicolette Rabadi Jaze below:

Commercial real estate deals will increasingly need to price in rising insurance costs, as hurricane seasons get more destructive and coverage less reliable, Head of Real Estate Joseph Sumberg shared with Frances Schwartzkopff at Bloomberg. He shares more on why he expects the repercussions of climate change — spanning physical risks to regulations and tenant preferences — to be the “single most significant thing to impact” the property market in the decades to come. Read the article here: https://lnkd.in/dsUPFRW4

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When our co-founders Tom Steyer and Katie Hall built Galvanize, they did so with the belief that the organization could have greatest impact on climate by demonstrating to the market that investing in the energy transition leads to outsized returns as opposed to concessionary outcomes. Secretary John Kerry is joining the firm because he shares our conviction around building excitement in the marketplace. Together, we hope to demonstrate the positive benefits that await in a low/no carbon economy. Read more about Sec. Kerry's role here: https://lnkd.in/eaVkb2r2

Interested in a career in clean energy and climate? Join us tomorrow at 9 AM PT / 12 PM ET for the Climatebase online career fair, featuring six portfolio companies hiring now. Galvanize's Brett Rubin (she/her/hers) will be there - register below and come say hi!