Climate tech investing is the next big opportunity Lisa Lambert

News Summary

  • She moved from Intel to climate tech because she had a thesis that the sector was due for a “renaissance” following the clean tech bubble collapse in the early 2000s.
  • “As a corporate VC, we’re measured not just on financial return but also on how much operational and strategic value our portfolio provides to our parent company,” Lambert said.Under her, NGP has allocated $400 million to 40 startups and four specialty funds in which NGP is a limited partner.
  • Lisa Lambert, the head of National Grid’s CVC National Grid Partners, told TechCrunch+ that environmental and social concerns should be top of mind right now for any smart investor.“Not because it’s the right thing to do, but because there’s an enormous opportunity,” she said.
  • Through her work, she invests in technology focused on climate change and mitigation.
  • Though funding to climate startups dropped slightly in Q1, she sees that as a mere reflection of the overall venture downturn.
  • “And because, as a mother, I can’t think of a more important sector to invest in,” she said.She has a point: By 2050, which is the target to reach net-zero, the oldest of Generation Z will only be in their early 50s.
The Arctic is melting, while hurricanes, blizzards and heat waves leave millions of people and animals in disarray. Lisa Lambert, the head of National Grids CVC National Grid Partners, told TechCrunc [+3046 chars]