The role of corporate investment in start-ups for climate-tech innovation


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The authors organized the workshop “Accelerating Climate-Mitigating Technology Development and Deployment”, bringing together experts in energy innovation, investment, modeling, and policy. Together, they developed a research agenda for bridging granular private investment data and energy systems models to inform climate and innovation policy (https://drum.lib.umd.edu/handle/1903/21828). The authors are based at the University of Maryland (UMD) Center for Global Sustainability (CGS) and the University of Wisconsin-Madison (UW-Madison), with expertise in energy and climate policy, innovation and technological change, and macro energy systems and integrated assessment modeling.

Surana is a Senior Fellow at CGS, Associate Faculty at the Complexity Science Hub Vienna and an investor in start-ups at IST cube. Edwards is an Assistant Professor at UW-Madison. Kennedy is a Postdoctoral Associate at CGS. Borrero is a graduate student at UMD. Clarke is the Director of Decarbonization Pathways at the Bezos Earth Fund and Senior Fellow at CGS. Fedorchak is a former undergraduate student at UW-Madison. Hultman is the Director at CGS, Professor at UMD, and was recently Senior Advisor for the Special Presidential Envoy for Climate at the US Department of State. McJeon is an Associate Research Scholar at CGS and an Earth Scientist at the Pacific Northwest National Laboratory. Thomas is a graduate student at UW-Madison. Williams is the Director of the Earth System Science Interdisciplinary Center, a Distinguished University Professor at UMD, and the former Director of ARPA-E.

K. Surana, M. R. Edwards, K. M. Kennedy, M. A. Borrero, L. Clarke, R. Fedorchak, N. E. Hultman, H. McJeon, Z. H. Thomas, E. D. Williams, The role of corporate investment in start-ups for climate-tech innovation, Joule (2023) https://doi.org/10.1016/j.joule.2023.02.017