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The role that venture capital will play in developing early-stage clean energy technologies is likely to mirror its scale in developing AI, internet companies, and social media platforms. While many of the hallmarks of VC remain the same, including long-shot bets, radical new technologies, and high potential returns, many of the challenges are new.

COP30 has two weeks for parties to discuss and deliver on adaptation. As the IPCC notes, climate change is progressing more rapidly than we can adapt. With the summit starting next Monday in Brazil, it is worth recalling that the GGA framework was initially proposed by Latin America, specifically by Argentina, and later adopted by the Parties at COP28.