Net zero COP-outs and the case for climate tech optimism – Carbon13 CEO Nicky Dee

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5 • 6 Ratings

🗓️ 5 December 2023

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dr Nicky Dee, founder and CEO of Carbon13, explains why climate tech innovation is cause for optimism despite a lack of progress from initiatives like COP, unpacks why carbon offsetting is still the “Wild West” and reveals which climate solutions provide the “best bang for buck”.

Carbon13 is a venture builder for the climate emergency. The Cambridge-based firm selects, supports and invests in startups focused on building scalable climate ventures that will reduce and remove emissions on a global scale. It has made 65 investments since 2021. Dee has previously worked with UNEP, Nesta and the UK government on climate projects, among others. Dee, who has also been an entrepreneur, is a fellow at CISL, the Cambridge Institute for Sustainability Leadership.

Transcript

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0:00.0	We say that we have to be the optimists in dealing with the climate emergency.
0:10.0	You know, we're working with entrepreneurs every day, who are literally imagining what if we can solve this problem.
0:18.0	So now is really not the time to be loosening the constraints in this space.
0:23.6	For me it was a real signal that government lacks vision when it comes to innovation.
0:31.6	We're talking about systemic change, we're not talking about picking one technology here and one technology there.
0:43.2	From the first time founders to the funds that back them, innovation needs different.
0:49.0	Our episode partner, HSBC Innovation Banking, is proud to accelerate growth for tech and life science businesses,
0:56.5	creating meaningful connections and opening up a world of opportunity for entrepreneurs and
1:01.4	investors alike. Discover more at www.h.hsbc Innovationbanking.com slash en dash gb.
1:20.7	Hello and welcome to the UKTN podcast, a weekly chat with the movers and shakers of the UK tech industry and the destination for all things UK tech related.
1:25.4	And this week I'm joined by Nikki Dee, the founder and CEO of Carbon 13,
1:30.7	which describes itself as a venture builder for the climate emergency. Welcome, Nikki.
1:35.7	Hello. Now, before we start talking about the climate, let's talk a bit about carbon 13,
1:42.0	what it is that you do and the firms that you support.
1:45.0	Yeah, so Carbon 13 was a concept that we started talking about in 2019, and it was really to get ventures who wanted to tackle greenhouse gas emissions off to a great start. We believe that the way you
2:02.4	do that was by bringing together the right founders and providing the right support. So since
2:08.1	2021, we have made 65 investments and that's in ventures operating in every sector, each with the
2:16.7	potential to mitigate 10 million tonnes of CO2E
2:19.5	per year when at scale. Now, what for you are the sort of most exciting examples of tech that
2:25.2	you've seen in this sphere? I know it's probably going to be hard for you to choose because
2:29.6	they're all your babies, but, you know, if you were to sort of single out a couple that you think
2:34.9	are really going to make a big impact in this area, what would they be? Yeah. And it is tough to
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