Helder Schnittker (Co-Lead/Tax), Partner Lennart Lorenz (Regulatory), Partner Joel El-Qalqili (Structuring, Impact & ESG), Associated Partner Stefanie Nagel (Corporate, Regulatory), Associate Antonia von Treuenfeld (Impact & ESG), Associate Dr. Fabian Euhus (Picture – Co Lead/Corporate, Structuring), Partner Dr. The need for venture capital in climate tech is overwhelming: a recent study by the German Energy Agency found that Germany alone needs €22.7 billion in order to deliver a positive climate impact by 2030. From companies creating alternative proteins to energy storage solutions and smart charging infrastructure as a service, World Fund targets disruptive companies with the potential to become market leaders. With this commitment, World Fund is putting the health of the planet at the core of every decision it makes, considering that climate returns are an early indicator for financial returns. World Fund’s mission is to save 2 gigatons of emissions by 2040 – the equivalent to 4% of all global emissions. World Fund is a new 350M climate VC fund incubated by green search engine Ecosia. Partners are investor and entrepreneur Tim Schumacher, VC investor Daria Saharova, sustainability investor Craig Douglas, and climate tech thought leader Danijel Visevic. To be clear, Ecosia is also continuing to fund tree-planting with search ads profits.
To assess and measure the CPP, World Fund has developed its own methodology in exchange with Project Drawdown, Crane, and TU Berlin.
World Fund invests in companies with the highest climate performance potential (CPP) focusing on the emissions reduction potential of at least 100 megatonnes of CO2 emissions per year in industries such as energy, transport, construction, food and agriculture at early and growth stage. With more than 60 investors, including current and former European tech founders, World Fund has been initiated by global search engine Ecosia, focused on tech that can reduce carbon emissions across sectors including energy, transport, food and agriculture, manufacturing and buildings. YPOG advised WF World Fund Management GmbH on the deal.Įcosia, the search engine that uses its ad revenue to plant trees, has launched a 350 million euro ($405 million) venture capital fund focused on the climate crisis.
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