The urgency of addressing climate change: Insights from the Impact Minds Conference in Oaxaca

 

Laís Rocha

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For the second time, Vox Capital participated in the Latimpacto Impact Minds Conference, held this year in Oaxaca, Mexico. The two-day event brought together 650 participants, including over 60 representatives from the Brazilian delegation.

Founded in 2009, Vox Capital is the first Latin American asset manager focused on socio-environmental impact investments. Since its inception, the global impact investing market has grown by 42%, and by 28% in Latin America, reflecting strong market momentum towards creating positive impact, according to the latest report by the Global Impact Investing Network (GIIN).

However, a stark contrast caught the attention of the Brazilian delegation. While we were in Mexico connecting with peers committed to building businesses that drive positive socio-environmental outcomes, wildfires in Brazil resulted in São Paulo experiencing the worst air quality in the world for two consecutive days, according to IQAir.

The need for urgent action against climate change is undeniable if we hope to secure a liveable future for coming generations. This topic was extensively covered at the conference by both philanthropic social investors and impact investors, who are seeking not only profit but also measurable positive impact. It is increasingly vital for investors to integrate sustainability into their core investment strategies.

In November, we are set to launch our fourth proprietary fund, Tech for Good Growth 2, which will focus on investing in Climate Tech companies. We recognise that investing in technologies aimed at combating climate change is one of the most critical areas for securing the future of society.

Moreover, we have a dedicated business unit focused entirely on Nature-Based Solutions, developing financial products to combat the climate crisis. One example is the Agribusiness Receivables Certificate (CRA) of Rio Capim, which focuses on sustainable livestock farming and is currently raising R$ 30 million.

This was my first time attending the conference, and I am proud to see the growth and unity within the impact ecosystem, as well as the high caliber of discussions held during the event.

At Vox Capital, we manage seven active impact venture capital funds investing across Brazil and Latin America. Our participation in the conference strengthened connections with other funds, opening up new opportunities for business and partnerships, further advancing the impact ecosystem.

Laís Rocha is the Head of Impact for Venture Capital Investments at Vox Capital. Specialising in Human Rights and Sociology, she has over 10 years of experience in the impact sector, working in social innovation, particularly in technology with a focus on gender and racial diversity.

Tagged in: #Impactminds2024


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