The Stream (with Will & Tom)

Galvanizing climate solutions – Ida Hempel on water investments and her time at Tesla

Will Sarni & Tom Freyberg Season 9 Episode 3

How do you invest $1 billion dollars to accelerate climate and water solutions? 🌍

In this episode of The Stream Podcast, we speak with Ida Hempel from Galvanize Climate Solutions, the investment platform co-founded by Katie Hall and Tom Steyer, former hedge fund manager, climate philanthropist, and 2020 U.S. presidential candidate.

In September 2023, Galvanize closed its $1B Innovation & Expansion Fund, one of the largest climate venture funds ever raised. Ida takes us inside the fund’s three strategies, from venture & growth to global equities and real estate, and shares how water infrastructure improvements are being integrated into their decarbonisation playbook.

We also dive into Ida’s experience at Tesla, where she witnessed pivotal moments in the company’s history, and explore what large-scale climate investment really looks like in practice.

If you’re curious about the future of climate finance, water innovation, and scaling sustainability, this episode is for you.

🔔 We hope you enjoy the episode and make sure to follow and subscribe to our channels to get alerts on the episodes.

We’re delighted you can join us on this voyage of discovery, as we journey down The Stream.

Special thanks to this season's sponsor, Raymond James.

And our charity partner, Frank Water.

And thanks to our knowledge partners: British Water, WWF, Water Alliance, DCU Water Institute, SurplusWater25, Earth and Environmental Science at Berkeley Lab, Water Foundry and Atlantean Media.