Elemental Excelerator partners with Ceres, Climate Power and key stakeholders to drive climate solutions, jobs and capital investment at inaugural two-day summit
HONOLULU, March 5, 2024 /PRNewswire/ — Elemental Exceleratora nonprofit investor focused on scaling climate technology for deep community impact has partnered with Ceres, Climate forceand other supporting partners to bring more than 100 leading entrepreneurs, funders and policy makers together for the first ever Clean Energy Business and Innovation Week.
The two-day set of events begins with opening remarks by former US Environmental Protection Agency Administrator Gina McCarthy and will include discussions between key administration officials and implementing partners on the job creation and investment spurred by the Inflation Reduction Act . More than 30 Elemental portfolio companies will also visit Congressional offices on Capitol Hill and meet with federal agencies and departments to identify ways to pool public and private capital to accelerate climate-resilient infrastructure for communities across the US.” At this critical time of collaboration, the entrepreneurs in our portfolio are driven to execute projects in partnership with government and invest in America.” Dawn Lippert, founder and CEO of Elemental Excelerator, said. “These business leaders understand the tremendous opportunity created by IRAs and are eager to promote success stories of local economic benefits, job creation and cost savings for families.”
Clean Energy Business and Innovation Week aims to shine a light on the significant progress companies are making in implementing climate solutions in partnership with communities. It will also boost the financial and policy innovation needed to scale up much-needed private financing in the sector. “Ceres is excited to bring some of the nation’s leading businesses, investors and trade groups back to Washington to make a solid financial and economic case for clean energy action,” said Anne Kelly, vice president of government relations, Ceres. “The U.S. economy is already experiencing the many benefits of clean energy investments, and the companies coming to the Capitol this week know , that strong federal policy is essential to directing these investments to US communities.”
The week’s events will culminate in two conversations. First, Elemental, Climate Power and Ceres are co-sponsoring an Axios event on the impact the IRA is having on the clean energy industry and job growth and how it will affect future investments, featuring talks with the US Secretary of Energy Jennifer Granholm and Senior Advisor to the President on International Climate Policy John Podesta. The event will highlight examples of new job creation and transition opportunities, with more than 271,000 clean energy jobs having been created since the IRA was passed, according to Climate Power’s new State of the Clean Energy Jobs Boom report .
Second, Elemental will host a “Future of Climate Capital” roundtable, a 90-minute invitation-only event featuring several panel discussions, including U.S. Sen. Chris Van Hollen (D-MD), US Senator Brian Schatz (D-HI), Assistant Secretary of the Navy for Energy, Installations, and Environment (EI&E) Meredith Berger and other prominent government officials. During this exclusive event, government leaders will discuss how IRA programs like the GGRF can unlock sustainable investment in climate solutions and community benefits, green banking leaders will share innovative financing strategies to support project delivery, and portfolio companies Elemental will take the stage to share insights on how entrepreneurs are actively implementing climate-resilient projects in frontline communities.
SparkCharge is one of at least three companies presenting at the Future of Climate Capital roundtable. “As our team works to rapidly and cost-effectively scale EV charging infrastructure solutions that work for homeowners and renters, small businesses and fleet operators, we’re eager to share ideas on how to scale project delivery from the last mile, to expand new jobs and reduce pollution for citizens,” said SparkCharge CEO Joshua Aviv at the event, which is expected to attract the participation of over 100 politicians, innovators and sponsors.
Join the conversation on clean energy and workforce development. I am registering here for the Axios event, in person or virtually, and here for the Future of the Climate Capital event to gain valuable insight into the future of the industry. To further explore clean energy investment and job growth across the country, check out Climate Power’s latest Clean Energy Jobs Boom Report.
About Elemental Excelerator
Elemental is a non-profit climate technology investor with profound community impact. We bring more than a decade of experience in the climate sector, with an active and growing portfolio of 150+ companies. Elemental fills two major gaps in addressing climate change: financing climate technology projects in communities and embedding equity and access to climate solutions. We invest in transformative technologies to create systemic change for a more sustainable and just future.
About Ceres
Ceres is a non-profit organization that works with the most influential capital market leaders to solve the world’s biggest sustainability challenges. Through our powerful networks and global collaboration of investors, companies and non-profits, we drive action and inspire fair market and policy decisions across the economy to build a fair and sustainable future. For more information, visit ceres.org and follow @CeresNews.
On the power of climate
Climate Power is an independent strategic communications and paid media operation focused on building political will and public support for bold climate action. Climate Power integrates hard research, polling, state and national earned media, digital and paid media to influence the national conversation, encourage leaders to take immediate, bold climate action, and expose climate deniers and their allies from oil and gas lobby.
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SOURCE Elemental Excelerator
