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So Money with Farnoosh Torabi

1529: Investing in Climate Solutions with Molly Wood, Founder and Chief Storyteller at Molly Wood Media

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.72K Ratings

🗓️ 21 June 2023

⏱️ 34 minutes

🧾️ Download transcript

Summary

Today we're discussing the climate economy, and how capitalism can be a tool for driving solutions for a greener planet. Guest Molly Wood, longtime business and technology journalist turned venture capitalist. She shares her insights into the many moving parts and hurdles behind bringing climate solutions to the forefront, innovations she's excited to see and why she's ultimately optimistic about the direction of climate action.

More about Molly: She is Founder and Chief Storyteller at Molly Wood Media, an advisory firm for the climate economy. She is also the host of Everybody in the Pool podcast and newsletter.

Check out Molly's podcast today to hear me offer insights into the cost of climate change and ERG investing.

Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open!


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Transcript

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0:00.0

So money episode 1529, investing in climate solutions with Molly Wood, founder and chief storyteller

0:07.2

at Molly Wood Media.

0:30.0

Taking profound ways to live a richer, happier life. Welcome to so money.

0:36.5

Talking about climate change, that engaging in mitigation of climate change and trying to reduce

0:41.1

emissions and invest in ESG funds, any kind of ESG funding is woke. There's no meaning attached to

0:50.0

that, right? It's just like, and so there has been this war on quote-unquote woke investing.

0:56.2

There have been laws in multiple states directing pension funds, not to invest in categories that

1:03.0

are labeled ESG. Welcome to so money, everybody. I'm Farneesh Tarabi. We're discussing the climate

1:09.0

economy today and how capitalism, yes, capitalism can be a tool for driving solutions for a greener

1:16.0

planet. Our guest is the one and only Molly Wood, a longtime business and technology journalist,

1:22.4

turned venture capitalist. She's the founder and chief storyteller at Molly Wood Media,

1:27.6

which is an advisory firm for the climate economy and she's host of everybody in the pool podcast

1:34.0

and newsletter. Be sure to listen to everybody in the pool today where I'm making an appearance.

1:39.6

Molly and I are doing a little bit of a podcast swap today. Molly is a veteran of national media.

1:45.3

She worked at Marketplace on National Public Radio, The New York Times, and CNET. And she's a

1:50.9

podcasting Hall of Famer in January 2022. She became a managing director at launch,

1:56.4

scouting and investing in early stage startups with a focus on climate solutions. Today she brings

2:02.2

her behind the scenes insights into the moving parts as well as the hurdles for bringing climate

2:07.6

solutions to the forefront, the innovations she's excited to see and why she's ultimately optimistic

2:13.6

about the direction of climate action and what can we all do or individual contributions to supporting

2:19.2

the planet. Here's Molly Wood. Molly Wood, welcome to so money. It's really finally to have you

2:28.5

on the show. How have we not cross paths until recently? I honestly don't know. It is so bizarre

...

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