Affordable IP-based solutions are needed for climate change: Vani Kola of Kalaari Capital

From getting 10 climate change related questions to ask at Kaun Banega Crorepati to examine the periodic table to find a “sustainable but non-geopolitical element” to replace lithium, Kalaari Capital Net Zero Summit 2022 he was full of ideas on how India can take the lead when it comes to fighting climate change.

While the latter suggestion may have been made in jest, everyone who attended the online summit agreed that to really sow the seeds of climate change-focused entrepreneurship in India, one had to start by making it mainstream.

To instill climate change-focused thinking and business thinking, the easiest thing to do would be to produce 50,000 engineers enabling climate technologies, he said. Siddhanth Jayaramco-founder of at the Net Zero Summit 2022.

He identified two broad areas of focus that need more collective effort: education and literacy on climate responsibility and technologies, and a change in behavior patterns.

“Their films need to talk about climate responsibility…the Amitabh Bachchans and Sachin Tendulkars of the world need to talk about these things…they need to be on panels like these and talk about what it means to be a climate responsible citizen. The point It’s that if an influencer talks about it, or if there are 10 questions about climate responsibility on KBC, it will start a movement,” he joked.

seconding it, Siddharth R MayurCEO of H2E Power, said that India has always been an environmentally conscious country, since the Vedic era, and that the country is in a unique position to capitalize on its historical principles.

Climate change, green plants
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He admitted that while India’s large population is sometimes a handicap, it is also an opportunity for meaningful work in the climate technology space.

“All the waste we produce as a country can be turned into usable gas, and India can take the lead on that, not only creating technologies that support turning waste into something useful, but also exporting the excess to the rest of the world.” said Siddharth.

But for anyone to truly enter the climate change space and have a substantial impact, climate technology needs to be affordable for network effects to add up, the Kalaari Capital founder said. out of the car.

“We have to think about IP-led technologies and lower existing costs for customer adoption,” he said, adding that the needle will move only when climate technology becomes as cheap and affordable as legacy technologies.

Vani also advised climate change entrepreneurs to think about the big problems when it comes to climate change and go in for the kill, even if they are the easiest solutions.

“Whether it’s something as simple as batteries, or emissions control, or even agriculture… if you look at these, these are some basic sectors but some of the biggest ones that are going to have the most impact on the climate, and none of these are easy solutions,” he said.