Galvanize Climate Solutions (“Galvanize”), an investment firm focused on generating long-term value from the energy transition, recently announced the appointment of Secretary John Kerry as co-executive chair. He will be working closely alongside co-executive chairs Tom Steyer and Katie Hall combining the insights and experience of the world’s leading climate statesman with the firm’s blue-chip investment talent.
According to Industry sources, the firm invests across asset classes, including venture capital and growth equity, real estate, and public equities. Each investment strategy draws upon the firm’s expertise across science, technology, market development, policy, and geopolitics.
Industry sources added that as more climate solutions become commercially viable, outcompeting incumbent products and services, they require private sector capital to continue to scale. Galvanize believes this creates an environment primed for climate investors who understand the drivers of value creation in the transition.
“Secretary Kerry is a bridge-builder, calling people in rather than calling them out. Having worked on solving the climate crisis since the Rio Earth Summit, all the way through big breakthroughs from Paris to Dubai, he has earned his reputation as the world’s leading climate statesman,” notes Tom Steyer, the firm’s co-executive chair. “This unparalleled knowledge, credibility, and convening power will help Galvanize to expand the firm’s global scope, scale solutions across asset classes, and generate compelling returns.”
“The energy transition is well underway and is only set to accelerate, driven in part by policy but more so by inexorable technological trends. I am convinced that Galvanize is positioned to play a key role in bringing competitive, commercially viable solutions to market and generating long-term value,” stated Secretary Kerry. “Tom is someone I’ve known and trusted for years. I have sought his counsel as a creative and accomplished investor, and I’m deeply impressed with Katie’s skill in building successful investment businesses. We share the thesis that the climate transition is one of the most important secular trends in markets over the coming years and will have a meaningful impact across all sectors of the economy.”
“Secretary Kerry shares our conviction that climate is good business because it’s delivering something that the market demands, whether its profitably decarbonized commercial real estate, technologies that help companies clean up their supply chains and reduce risks, or providing clean energy to match growing global demand,” adds Katie Hall, the firm’s co-executive chair.
Industry sources added that Secretary Kerry’s role will focus on expanding the resources and reach of Galvanize’s investment strategies, originating differentiated opportunities, and leveraging firsthand knowledge as to how technology, policy, and geopolitics are shaping the energy transition.