Sustainable Transformation in Focus for Japanese New Nordic Fund Nordic Ninja

Sustainable transformation and overall net climate impact are in focus for Rainer Sternfeld, managing partner at a 100 million euro fund Japanese investment Nordic Ninja when he seeks investment opportunities among Nordic and Baltic startups.
Sternfeld was the founder of climate data startup PlanetOS, bought by Intertrust in 2017.
In the NatureBacked podcast of Single.Earth, Tarmo Virki talks with investors and entrepreneurs about their vision of the new green world.
Subscribe to the NatureBacked newsletter on LinkedIn. 

**
A few key takeaways from Rainer Sternfeld:
**
"I am still very optimistic that Europe is still the best place for cleantech, Europe is still the best place to talk about clean energy, and we can figure it out rather easily. We don't have that many disagreements as maybe in other sectors, and we can afford it."
**
"You have a massive amount of energy going towards moving atoms, as we say, at Nordic Ninja. That 'moving atoms' means moving people, moving goods. And so when you move atoms, we have, by the way, I think about 40% of the capital allocated in our fund so far into reducing the amount of energy that is spent moving atoms or, or getting rid of moving atoms altogether, like in the case of Veriff, which is an exception." 
**
"I don't eat meat, but I know that obviously, a lot of people eat meat, and they will be eating meat in the next decades to come, even though that is going to be reduced, reducing in terms of percentage share, they still will do that. So if we are going to have people eating meat, it should be done as efficiently as possible. Like, what if there was a way to reduce methane emissions of cows, like 80%?
Of course, I would support doing that even though I don't eat meat, right? It's still a net impact."
**

Follow NatureBacked across platforms:
Apple Podcasts | Spotify | Google Podcasts
Twitter | Instagram
Learn more about your ad choices. Visit megaphone.fm/adchoices