Venture capital reimagined: financing sustainability and resilience

Bruna Constantino, Fabio Kestenbaum and Priscila Carvalho

Chapter 4 in The Elgar Companion to Energy and Sustainability, 2024, pp 73-89 from Edward Elgar Publishing

Abstract: This chapter navigates the evolution of venture capital, illustrating its evolution from a narrow focus on financial gains to an approach that deeply values societal and environmental impacts. As we trace the history of venture capital, we spotlight its transformative role in societal advancements. Emerging from this context is the significant rise of impact investing, deeply rooted in technology and the pursuit of social good, but also seen as a vital tool to address pressing challenges humanity currently faces. Our discussion underscores teamwork, open dialogue, and evidence-base decisions in this dynamic domain. Moreover, we explore the nuances of ethical entrepreneurship. Through illustrative case studies like Pachama, Eureciclo and Letrus the chapter showcases the potential of tech-driven impact investing. We conclude by championing how one can reimagine venture capital’s foundational principles, intertwining profit and purpose, positioning it as a central force for innovation, responsible leadership, and the betterment of humanity.

Keywords: Business and Management; Development Studies; Economics and Finance; Environment; Geography; Innovations and Technology; Law - Academic; Politics and Public Policy Sustainable Development Goals (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781035307494.00011 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:22102_4

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().