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In the face of climate change's ever-growing threats, there's a new weapon in the fight: startups.
That's according to Sairam Subramanian, a professor of international development at the University of Middlesex, who's written a paper on the subject in the Indian Express.
"The race to net zero is propelled by energy and technology transition, which on one hand is an opportunity for startups and a threat to local economies and livelihoods on the other," he writes.
"Be it a startup supplying an animal feed supplement that can cut down bovine emissions significantly, another one using Biotech and robotics technologies for developing GMO seeds and seaweeds that act as powerful carbon sinks, a climate tech company developing agroforestry at a global scale or simpler everyday solutions that aim to greenify consumer finance or track individual efforts to reduce emissions, they can consolidate as a powerful force against climate change."
In his paper, Subramanian lays out what he calls "can't" answers to the question of how to create such an ecosystem.
Among them: "Blended finance for Climate Innovation Hubs."
That would mean setting up hubs around the world where startups could find financing and "monetizing sustainability."
"The modern world's triumphs in Silicon Valley or a
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