#XrisLogbook 111 - Impact, Investment, Instability π¬π§
ππ» Imagine an investment fund that not only fuels disruptive, mission-aligned technologies but also creates a sustainable, recurring revenue stream for the very charities those technologies aim to serve. This innovative model promises a powerful synergy, where financial returns are intrinsically linked to social impact, creating a virtuous cycle of growth and support. β»οΈΒ
ππ» Iβm committed to supporting our startups through thick and thin, recognising the inherent challenges at their stage of development. However, founders must understand that our partnership is built on shared risk and the pursuit of value creation, not simply as a source of ongoing funding. π
βπ» Climate change is dramatically increasing the financial devastation wrought by natural disasters worldwide. By mid-century, annual damages are projected to reach staggering levels: $50 billion in North America (hurricanes, wildfires), up to $40 billion in Europe (flooding), $160 billion in Asia (cyclones, floods, droughts), $40 billion in Africa (droughts, flooding), and $50 billion in Latin America (hurricanes, floods). These escalating costs will strain economies and worsen social inequality as climate change intensifies.π¦οΈ
ππ» Special thanks this week to Holly, Philippine, Henrietta, Charlie and Marouane
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