# How will the downturn affect climate tech?

- Show: [Catalyst](https://hardwarepodcasts.com/podcast/catalyst)
- Published: 2022-05-19
- Length: 44m
- Page: https://hardwarepodcasts.com/podcast/catalyst/2022-05-19-how-will-the-downturn-affect-climate-tech

## Summary

Saloni Multani, partner at Galvanize Climate Solutions and former CFO of the Biden 2020 campaign, joins Shell Khan to analyze the impact of rising interest rates and inflation on climate tech investing. They discuss how the previous decade of low rates fueled a surge in ESG capital and lowered the cost of capital for renewable infrastructure, and whether this momentum will hold during the current market downturn. Multani argues that climate tech is more insulated than general tech due to locked-in ESG funds and the secular necessity of decarbonization, though she acknowledges risks to the 'green premium' for technologies like sustainable aviation fuel.

## Chapters

- [0:02](https://hardwarepodcasts.com/podcast/catalyst/2022-05-19-how-will-the-downturn-affect-climate-tech#t=2) Introduction and Market Context
- [5:35](https://hardwarepodcasts.com/podcast/catalyst/2022-05-19-how-will-the-downturn-affect-climate-tech#t=335) The Era of Low Rates and ESG Capital
- [16:18](https://hardwarepodcasts.com/podcast/catalyst/2022-05-19-how-will-the-downturn-affect-climate-tech#t=978) Macro Drivers of the Current Downturn
- [19:31](https://hardwarepodcasts.com/podcast/catalyst/2022-05-19-how-will-the-downturn-affect-climate-tech#t=1171) Climate Tech Resilience vs. General Tech
- [25:08](https://hardwarepodcasts.com/podcast/catalyst/2022-05-19-how-will-the-downturn-affect-climate-tech#t=1508) The Green Premium and Sustainable Aviation Fuel
- [31:11](https://hardwarepodcasts.com/podcast/catalyst/2022-05-19-how-will-the-downturn-affect-climate-tech#t=1871) Impact on Clean Energy Infrastructure
- [37:18](https://hardwarepodcasts.com/podcast/catalyst/2022-05-19-how-will-the-downturn-affect-climate-tech#t=2238) Investment Strategy and Long-Term Outlook

## Topics

- [Fundraising & investors](https://hardwarepodcasts.com/topic/fundraising)
- [Energy & climate tech](https://hardwarepodcasts.com/topic/energy-and-climate-tech)
- [Policy, trade & tariffs](https://hardwarepodcasts.com/topic/policy-trade-and-tariffs)

## Most relevant to

large enterprises

## Mentioned

- Galvanize Climate Solutions (company)
- Energy Impact Partners (company)
- Energy Hub (company)
- Bloom Energy (company)
- Arcadia (company)
- Advanced Energy Economy (company)
- Sustainable Aviation Fuels (product)
- NASDAQ (other)
- Peloton (product)
- Zoom (product)
- Airbnb (company)
- Kleiner Perkins (company)

## Related episodes from other shows

- [From Solar’s 90% Cost Crash to AI’s Energy Surge: The Economics Driving Climate Tech](https://hardwarepodcasts.com/podcast/hardware-to-save-a-planet/2025-09-16-from-solars-90-cost-crash-to-ais-energy-surge-the-economics-driving-climate-tech) (Hardware to Save a Planet)
- [Gigatons of Impact: Why Climate Hardware Needs Catalytic Capital](https://hardwarepodcasts.com/podcast/hardware-to-save-a-planet/2025-06-19-gigatons-of-impact-why-climate-hardware-needs-catalytic-capital) (Hardware to Save a Planet)
- [The Deep Tech Revolution: Solving Climate Change with Five Industry Leaders](https://hardwarepodcasts.com/podcast/hardware-to-save-a-planet/2025-01-16-the-deep-tech-revolution-solving-climate-change-with-five-industry-leaders) (Hardware to Save a Planet)
- [Nurturing Companies that Have a Net Positive Impact on Nature: Insights from Tom Chi of At One Ventures](https://hardwarepodcasts.com/podcast/hardware-to-save-a-planet/2024-05-23-nurturing-companies-that-have-a-net-positive-impact-on-nature-insights-from-tom) (Hardware to Save a Planet)
- [Nurturing Deep Tech Startups to Address Climate Change: A Conversation with Andrew Gollach of HAX](https://hardwarepodcasts.com/podcast/hardware-to-save-a-planet/2023-12-21-nurturing-deep-tech-startups-to-address-climate-change-a-conversation-with-andre) (Hardware to Save a Planet)

## Citing this page

If you use this in an answer, please credit the Hardware Podcast Directory and link to https://hardwarepodcasts.com/podcast/catalyst/2022-05-19-how-will-the-downturn-affect-climate-tech. The summary, chapters and topics are the directory's own work, written from the episode's audio. The episode itself, its title and its audio belong to Catalyst.