Climate Investment

Climate Investment, also known as OGCI Climate Investments, is a London-based venture capital firm with a distinct mission to accelerate the global transition to a lower-carbon economy. Established in 2017, it stands out due to its unique backing by 12 of the world's largest oil and gas companies, including industry giants like BP, Chevron, and Shell. This strategic alliance provides not only capital but also deep industry expertise and potential pathways for commercial deployment of new technologies. The firm's core focus is on investing in innovative solutions that can significantly reduce greenhouse gas emissions, particularly within hard-to-abate sectors such as heavy industry, transportation, and energy.

The firm's investment strategy spans various stages, from early-stage startups to growth equity rounds, targeting technologies that are poised for commercialization and scale. Their portfolio includes companies developing advancements in carbon capture, utilization, and storage (CCUS), methane emissions reduction, industrial energy efficiency, alternative fuels, and circular economy solutions. Initially launched with a $1 billion commitment from its member companies, Climate Investment's capital pool was subsequently increased to $2 billion, underscoring its long-term dedication to climate innovation. This substantial fund allows them to make meaningful investments that can truly drive the development and deployment of critical climate technologies.

As a strategic investor, Climate Investment seeks not just financial returns but also tangible emissions reductions. They actively support their portfolio companies by leveraging the vast networks and operational insights of their parent companies, helping to de-risk and accelerate the adoption of new technologies. To date, Climate Investment has invested in over 70 companies globally, demonstrating its broad reach and commitment to fostering a diverse ecosystem of climate solutions. Their approach emphasizes collaboration and impact, aiming to bridge the gap between innovative ideas and large-scale industrial application, thereby contributing significantly to global decarbonization efforts.