Less than 2% of all venture capital goes to Black or Latinx-led companies. Black venture investors are seeking to change that through their own funds and angel investments, especially in the realm of climate technology.
As a guest on an episode of the podcast “Entrepreneurs for Impact,” Taj Eldridge, director of climate innovation at Jobs for the Future and a general partner and co-founder of Include Ventures, reflected on the importance of investing in place-based innovation and the need to reframe climate change as a mission focused on public health, social equity, and economics.
He also discussed the Climate-Resilient Employees for a Sustainable Tomorrow (CREST) initiative, through which JFF, the Ares Charitable Foundation, and the World Resources Institute are working to create 25,000 new, climate-resilient jobs over the next five years.