Tailwind

See you at SF Climate Week in a few days! 🎉 📆 Don't forget to register for the Climate Policy Initiative and ClimateWorks Foundation event, "Bridging the Gap – Catalyzing Private Investment in Adaptation" on Wednesday, April 23 from 1-2:30PM PT next week. Hear from experts across the adaptation finance spectrum, including Tailwind's Emilie Mazzacurati, Jessica Brown (ClimateWorks Foundation), Jean Shia (Autodesk Foundation), and Jenny Frankel-Reed (Gates Foundation), and Ben Broché (Climate Policy Initiative, moderator)! ❗Registration Update for Virtual Attendees! ➡️ If you're planning to make the virtual webinar, the event will be live-cast via Zoom. To access the zoom link, you will need to register for the in-person event (which is waitlisted). Everyone on the list will receive the zoom link ahead of the event. https://lnkd.in/g_Zk6g6C Emilie Mazzacurati Osama I. Elle (Beard) Hempen Katie MacDonald Brooke Zhang

Next week, the Tailwind team is heading to San Francisco Climate Week! 🌉 See what events we'll be at, and come by to say hello👋! We're looking forward to seeing friends - old and new - across the growing adaptation & resilience community. 📆 See our roundup of SFCW events: https://lnkd.in/gmTFWBPY 📆 And don't forget to register for our co-hosted event, New Solutions for Climate Resilience Investment, with Global Adaptation & Resilience Investment Working Group (GARI), DBL Partners, and Morrison Foerster on Thursday, April 24th at 3PM PT. Register here: https://lnkd.in/gqqCsYVk Emilie Mazzacurati Katie MacDonald Osama I. Elle (Beard) Hempen Brooke Zhang

🌎 Don't forget to join us tomorrow for a webinar covering the Adaptation Finance Primer, created by Tailwind and Climate Resilience for All! Register Here 📆 : https://lnkd.in/gtAGAAeD

Very excited to share my latest piece from Forbes, focusing on the business case for climate adaptation. Many thanks is due to Benjamin Zehr (Reciprocal), Tamer El-Raghy (Acumen Resilient Agriculture Fund (ARAF)), Alina Truhina (The Radical Fund) and Emilie Mazzacurati (Tailwind) for lending their time and insights for this article. If anyone is developing a fund, studio, accelerator, etc. focusing on climate adaptation, I would love to hear from you. Here's the TLDR: - We need to meticulously build the business case around climate adaptation. For years we rarely talked about adaptation because it would constitute “giving up”. After-all, why adapt to a warming planet when renewable energy, electric vehicles and carbon capture technologies can limit global warming? - However, as the planet becomes hotter, and staying below the 1.5 C threshold is less likely, we have to adapt. But the adaptation funding gaps are enormous, over 300 BN annually according to some, and potentially over 1 TN according to others. - There is no single explanation for the gap, but we know at least a few key reasons: 1) Adaptation tends to be highly localized, so finding one-size fits all approaches that can scale globally can be a challenge in investors' eyes. 2) Pipelines of adaptation-focused companies are nascent and still growing in many parts of the world; 3) Perceived low returns on investment - many investors still think adaptation solutions are public goods, which yield low or no returns; 4) Impact measurement hurdles - unlike mitigation, there is no single "north start" or success indicator for adaptation. So how do we start building a business case? 1) First, we have to educate the market. For a while we did not discuss adaptation, so there is a time lag we are fighting against. Many people when they hear "climate investment” and “climate technology” still think of energy and mobility. 2) Second, we need to think beyond venture capital - many different types of capital need to be used to fund adaptation - grants, debt, ETF's, etc. 3) Third, we need to be comfortable with not having a single metric that represents adaptation impact. Just as adaptation solutions are often highly-localized, many will have a unique theory of change. 4) Fourth we need to look at new company building models like venture studios/builders. We need to make sure we're building a pipeline that not only attracts investors, but is sustainable and durable, standing the test of time. 5) Fifth, we need to know where demand will be most predictable and bankable. For example, large corporates will likely have growing demand for adaptation solutions. 6) Lastly, we may need to stop using the term “adaptation” as an asset class or business vertical. Adaptation has far too many dimensions and use cases to be lumped under one heading. Many thanks again to the amazing experts who lent their time here, and would love to hear any and all comments!

🚀 Catch us in DC for ClimateTech Connect on April 15-16th, "Where Climate Resilience Meets Technological Innovation" Extreme weather events will continue growing in frequency and severity❗ ➡️ This conference brings together innovators and industry experts to rapidly scale the adaptation & resilience technologies we need to protect communities from these impacts. On April 16th - Emilie Mazzacurati will be discussing the State of the Climate Adaptation & Resilience Market, alongside Alex Behar (Partner, Buoyant Ventures) and Jeff Schlegelmilch (Director, National Center for Disaster Preparedness, Columbia Climate School, Columbia University)! Louie Woodall, Editor of Climate Proof, will be moderating 🙌 . Come say hi 👋 to Emilie Mazzacurati and Brooke Zhang in DC! Register here: https://lnkd.in/emvjBPXp Emilie Mazzacurati Katie MacDonald Elle (Beard) Hempen Osama I. Brooke Zhang

📣 On April 10th, we're hosting a webinar with Climate Resilience for All walking you through our recently released Adaptation Finance Primer, and how to apply it in different contexts around the world! 🌎 Explore the full spectrum of capital needed to protect every community - Kathy Baughman McLeod and Emilie Mazzacurati will be covering: - Potential financing sources for climate adaptation projects - Emerging funding sources like Disaster Risk Finance and Loss & Damage - The private sector's role in financing climate resilience - Relevant case studies from India and Africa BIG thank you to the team at Climate Resilience for All for your partnership, and to the ClimateWorks Foundation for funding this crucial and timely resource! 🙏 💪 If you haven't already - check out the Adaptation Finance Primer on our site. 📆 Don't miss it! Register here: https://lnkd.in/gV6ueXbN Emilie Mazzacurati Katie MacDonald Osama I. Elle (Beard) Hempen Brooke Zhang

📆 👀 The registration link for our SF Climate Week event - New Solutions for Climate Resilience - is live! We're excited to co-sponsor this SF Climate Week event with Global Adaptation & Resilience Investment Working Group (GARI), DBL Partners, and Morrison Foerster. Register below, come by to say hi 👋 , and hear from this incredible lineup of industry leaders 👏 . There's a virtual option if you don't want to miss this! https://lu.ma/jm8uq3ad Special shoutout and thank you to Vincent Caruso, Lori Collins, and Sara Shoff for bringing everything together! Emilie Mazzacurati Katie MacDonald Elle (Beard) Hempen Osama I. Brooke Zhang

➡️ 🌟 Next week, catch Tailwind Venture Partner Elle (Beard) Hempen at Miami Climate Week’s Resilience 365 Conference! This event gathers industry experts and community members to drive resilience innovations, catalyze funding for resilient infrastructure, and supercharge initiatives that foster healthy communities. 📣 Elle will be speaking at the “Financing Resilience Tech: Funding the Future” panel, alongside industry leaders Stephen Hammer(The New York Climate Exchange), Stonly Blue (Third Sphere), and Alexis Trittipo (McKinsey & Company) who will be moderating. 📅 Register for the conference, hosted at the University of Miami Climate Resilience Institute - See you there! https://lnkd.in/dww6GFUW Elle (Beard) Hempen Emilie Mazzacurati Katie MacDonald Osama I. Brooke Zhang