About us

Climate Investment is an independent organization founded by members of the Oil and Gas Climate Initiative. OGCI members have invested in our funds, and have deployed many of our portfolio company innovations, supporting their early commercial development.

*Throughout this website, Climate Investment, CI, We and Our are used interchangeably. Please refer to the Terms of Use for additional information.

Who we are

We invest in innovations that deliver capital-efficient decarbonization solutions and drive their market adoption through our partner networks to accelerate scaled impact. Our team looks for opportunities that can deliver strong, quantified GHG-impact and an attractive risk-adjusted return.

Operational since 2017, we have focused our efforts on attracting a team of specialists who are leaders in their disciplines, developing robust impact quantification, building a portfolio of outstanding innovations and cultivating our partner networks. We believe that engaged, cross-sector collaboration is necessary to driver accelerated, capital-efficient decarbonization.

Climate Investment Principles Climate Investment Principles

Quantifying impact

Our primary goal is to drive the market adoption of our portfolio companies’ solutions to maximize their impact.

Increasing the allocation of capital into climate innovations requires robust and objective metrics for evaluating the potential carbon reduction impact of different investment opportunities. 

We have developed and operationalized a GHG impact measurement methodology for our firm and funds and have used the methodology to set targets and measure impact delivery. We share our methodology with our portfolio companies and help them operationalize their impact reporting.

Planned (future) emissions reduction is key to directing our investment. We co-founded and are aligned with a collaborative initiative, Project Frame, a platform seeking to introduce a common framework for assessing the future GHG impact of investments.  Project Frame1 works with over 900 participating community members, of which 345 are investors with over $670 billion in venture capital/private equity AUM.

The methodology quantifies past (“realized”) and future (“planned”) impact of our investments on GHG emissions, measured in tonnes of carbon dioxide equivalent.

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1 Project Frame is a third-party, collaborative platform seeking to introduce a common framework for assessing the future GHG impact of investments. Visit www.projectframe.how to find out more.

Driving innovation & market adoption

We invest in three core themes: venture capital and growth equity companies that can demonstrate significant reduction in methane or carbon dioxide emissions (CO₂), carbon capture, recycling and/or storage. Every investment is scrutinized for its ability to generate impact at scale.

Climate Investment provides early-stage to growth capital to companies with solutions for energy systems, buildings, transport and industry, including cement, steel, chemicals, power and agriculture.

We invest in early to growth-stage opportunities, focusing on accelerating market adoption through deployment to demonstrate and prove our portfolio companies’ innovations, enabling those deployments to develop into commercial contracts. We also provide growth capital to companies at a later stage of development where we can support them through pivotal stages to scale market adoption and impact.

Engaged, post-investment support is key to our model. Our team of technical and commercialization experts is dedicated to driving the growth of our portfolio, leveraging its extensive cross-industry network to deploy our companies’ solutions, facilitate opportunities for commercial contracts and provide strategic business development support.

Our strategy team works alongside to map and encourage the necessary policy frameworks and incentives, impact measurement and reporting, and expand our global ecosystem. Our goal is to accelerate capital-efficient pathways towards a low-carbon economy. Quantifying impact plays a key role in achieving this.

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Our team

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Alain is an Operating Partner in the Investment Team, where he supports CI’s portfolio companies in achieving their impact mission by enabling significant carbon reduction. Prior to joining CI in 2023, Alain was Chairman and CEO of Kateeva, a venture-backed, global supplier of inkjet equipment to the OLED display industry. Alain held investment roles for the past two decades at Compass Venture Partner, Crosslink Capital, and Impact Science Ventures, where he focused on materials-enabled technologies for energy, energy efficiency and industrial investing. Prior to his venture capital career, Alain spent 15 years in the Global Semiconductor Industry, initially at AT&T Bell Laboratories and then at Novellus Systems as its CTO. Alain holds a Ph.D. in Solid State Physics, has authored and co-authored more than 30 technical papers, and is a co-inventor on six patents. Alain is based in Palo Alto, Silicon Valley.

Alix Francis is Events Manager, where she leads the planning and delivery of all Climate Investment hosted and sponsored events. She additionally helps coordinate CI’s external speaking engagement at premier global industry conferences. Joining Climate Investment in 2022, Alix brings over 25 years of international events management experience. She has worked across a number of different sectors, including financial services and IT/Telecoms and for a wide range of organizations, from start-ups through to global organizations. Alix has a strong understanding of corporate and global environments and takes a collaborative approach to delivering high-quality, successful events. Alix is based in London.

Amanda McCrystal is Chief Marketing Officer where she is responsible for leading and implementing the firm’s global marketing and communications initiatives. Prior to joining Climate Investment in 2021, Amanda led global marketing and communications for Pantheon, a global private markets investor, for nine years and previous to that worked at HarbourVest Partners LLC in strategy development, investor relations and communications. With a background in financial journalism, public relations, investment banking and asset management, Amanda holds a Bachelor’s degree in Politics from Durham University and is based in London.

Andrew Row is the Chief Financial & Operations Officer. Andrew joined Climate Investment in 2018 and is a Board member at CI portfolio company, SeeksOps. Prior to joining Climate Investment, Andrew worked for BP plc as the Global Performance Director for the Lubricants business and has previously been the Finance Director for Europe & Africa Automotive and the global Industrial, Marine and Energy businesses. Andrew has over 30 years’ experience in a wide range of roles, from external audit with EY, through operational, commercial and group finance roles with Burmah Castrol plc and BP plc. Andrew is a graduate from University of East Anglia and a Fellow of the Institute of Chartered Accountants in England and Wales.

Armen Abazajian is a Technology Principal within the Investment team, where he is responsible for technical evaluation of venture capital stage investment opportunities and for technical support of portfolio companies. Armen joined Climate Investment in 2019 and is a Board member at CI portfolio company, F2V. Prior to joining Climate Investment and over his 34-year career, Armen held various positions as Group Manager at Advisian, Chief Process Engineer at Worley, Vice President of Technology Development for a technology startup, Managing Director at three other startups, Senior Engineer at Syntroleum, R&D Manager at Albemarle and Manager – Technical Support of Operations at Ethyl. Armen has filed for 22 patents, granted 12, and authored 14 articles. Armen holds a B.S. degree in Chemical Engineering from the University of Houston. Armen is based in Houston.

Brian Redick is an Senior Associate in Climate Investment’s Commercialization group, part of the Investment Team, where he partners with portfolio companies to accelerate the adoption of new technologies and drive accelerated growth. Prior to joining Climate Investment in 2021, Brian was a field-based petroleum engineer responsible for multiple US onshore assets at Grizzly Energy. Brian holds an MS in Petroleum Engineering (Texas A&M) and a BS in Chemical and Biomolecular Engineering (Johns Hopkins University). Brian is based in Houston.

Chandni Pindoria is the Financial Accountant and works alongside the Finance Controller. With over 15 years’ experience in the finance industry, Chandni holds a Bachelor’s degree in Accounting & Finance from the University of Hertfordshire and is a member of the Association of Chartered Certified Accountants (ACCA). Chandni joined Climate Investment in 2019 and is based in London.

In his position as Planning and Performance Controller, Chris is responsible for all planning, budgeting and forecasting at Climate Investment, as well as ongoing performance reporting to the senior leadership team and key external stakeholders. Prior to joining Climate Investment, Chris worked as the Head of Finance for a private upstream energy company with full life cycle assets in West Africa and spent two years with a boutique corporate finance firm in Dublin, specialising in sell-side transactions and private capital raisings. Chris qualified as a chartered accountant with KPMG Dublin and has completed level one of the CFA charter exams. Chris joined Climate Investment in October 2020 and is based in London.

Culture and careers

We are One Global Team that is motivated to work with optimism, integrity, and urgency to accelerate GHG reduction. All of us are highly committed to and energetically embrace the opportunity of addressing climate change. We believe that although tackling the climate crisis is an immense challenge, cost-effective technologies are available to address it.

Our role is to work together with our portfolio companies, governments, investors and non-profit organizations to scale, and scale fast to drive decarbonization of heavy-emitting sectors. We actively welcome diversity of thought, experience and culture because we believe they will help us achieve our goals.

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Watch: Celebrating Diversity, Inclusion and Pride at Climate Investment and OGCI.

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Industry affiliations & recognition

We are proud that CI and our portfolio companies are recognized in a number of industry awards and rankings. Most recently, these include the Climate50 2024, Global Cleantech 100, Real Deal’s Future 40 Climate Change Champion, Corporate & Financial Awards 2023 – Silver Award (Best website – Unlisted), 2023 ESG Investment Leader Awards – ESG Operations and Reporting Leader, The BuiltWorlds 2023 Venture Investors 50, and the New Private Markets Impact 30 2022.

We are also members of the United Nations Principles for Responsible Investment (PRI) and the Global CSS Institute. Additionally, CI is a co-founder of and aligned with Project Frame. We maintain informal, but important links to a number of other industry associations across our key investment sectors.

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Global-cleantech-100

At Cleantech Group, provides research, consulting and events to catalyze opportunities for sustainable growth powered by innovation.

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CI-2023-BuiltWorlds-Top-50-Investors
CI-2023-BuiltWorlds-Top-50-Investors

The BuiltWorlds 2023 Venture Investors 50 is a list of the most active venture capital firms and strategic corporate funds investing in the built world today.

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climate50_logo

Climate50 compiles an annual ranking of leading Climate Tech investors. The annual compilation aims to recognize the most impactful global climate investors.

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Climate-Impact-Partners-1
Climate-Impact-Partners-1

Experts in project development, carbon offsetting and the voluntary carbon market.

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CI-Corporate-and-Financial-Awards-2023
CI-Corporate-and-Financial-Awards-2023

These awards are managed by Communicate Magazine. CI’s new website, launched in July 2023, was entered into the Best corporate website – Unlisted category by its website development agency, Copia Digital.

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ESG-Investment-leader-logo
ESG-Investment-leader-logo

The ESG Investment Leader Awards are designed for 200+ top asset managers, insurance teams, and pension funds, to recognize their excellence in ESG investing, operations, risk, and reporting.

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global-css-institute-logo

GCSSI is an international think tank whose mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and deliver climate neutrality.

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gcv-logo

GCV provides the global corporate venture capital community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation.

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IETA_Logo_Rich-Black

CI is a member of IETA. IETA is an association of more than 300 members who have an active stake in the international carbon markets to deliver net zero emissions.

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OGCI
OGCI

OGCI is a CEO-led initiative that drives climate action in the oil and gas industry.

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CI-RealDeals-Future40
CI-RealDeals-Future40

This inaugural list showcases companies and investment funds that prioritize sustainability and climate-related opportunities in their strategies, driving positive change across industries for a more sustainable future.

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CI-Women-of-Influence-full-logo

The Women of Influence in Private Markets is compiled by Private Equity International Group (PEI) and recognizes trailblazing women in alternative assets.

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pri-logo-e1686241570342
pri-logo-e1686241570342

The PRI is the world’s leading, and independent, proponent of responsible investment. It works to understand the investment implications of environmental, social and governance (ESG) factors.

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Frame-logo-e1686241492522
Frame-logo-e1686241492522

An open platform aimed at building frameworks and fostering a collaborative community to assess the future greenhouse gas impact of supported innovations for climate investors.

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