Intuitively, you would probably think that energy would be the dominant way that humanity is impacting the planet. We’ve just seen how massive energy use translates into rising carbon dioxide and climate change. And energy, of course, is everywhere. It is in our transport systems, our power supplies, our industrial processes, our home use. But I would say that the agriculture sector has an even larger impact on the physical planet and the various earth systems than energy. Energy is causing climate change. …


Climate change has been marked as one of the most discerning issues of the 21st century. With the rising concerns over climate change and its associated risks on global economies, no one can afford to remain indifferent to consequences that will affect the whole world. All the United Nations 17 Sustainable Development Goals represent the risk areas that are jeopardizing businesses and societies. If left unattended, these risks will be worsening the current global scenario. On the other hand, these SDGs put a spotlight on the plethora of opportunities out there to make things right. …


Since the adoption of “the 2030 Agenda for Sustainable Development” in 2015, it has been observed that a lot of initiatives have been taken to meet the goals and achieve targets of sustainable development goals (SDGs). Governments are making policies and introducing legislation, corporations are showing their efforts to meet the needs of the 2030 Agenda through their corporate sustainability reports (CSR). However, a lot needs to be done and nations are lagging in their targets.

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Unfortunately, some ritzy-looking schemes and initiatives are mere eyewash and not aiming to achieve sustainability goals. I personally even know venture capital funds that…


Albert Einstein said, “In the middle of difficulty opportunity lies.” The consensus among the nations on sustainable development goals is the opportunity to abridge the shortcomings in our national policies, global businesses, and investment focus areas. To achieve the goals and objectives of the SDGs we must use our resources wisely as there will never be enough resources to put separate funding for all the problems at once.

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Like all other sectors, the investment sector is also adapting and expanding its business and investment models to meet the demands of the future aiming to meet the SDGs objectives. The adoption…


An important role of finance is to allocate funding to its most productive use and to stimulate value creation. Finance can steer investments to sustainable companies and projects without sacrificing financial return and speed up dramatically the transition to a sustainable economy. In this way, finance can be a powerful force for positive change.

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Yet, some may ask, “how is that possible as finance is thought of as always looking for the highest financial return in the short term, while sustainable development is all about creating value in the long term”? This is definitely a legitimate question. …


For the business world, embracing the SDGs is a smart business and reveals a lot of unleashed opportunities. But this is more than just another approach or direction of thought. It is about building long-term impact-generating foundations, especially from the investment point of view. So where should I start? Let’s start with the planet we live in and especially with the biosphere.

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The biosphere is the surface and atmosphere of the Earth occupied by living organisms. Here we find deep oceans, fast deserts, massive mountains, mysterious forests, and powerful weather conditions Our planet is incredibly diverse and home to many…


In recent years there has been more and more understanding that business is not about profit maximization, but about creating value, societal value. Profits are a means, not an end in itself. Don’t get me wrong, without profits no cooperation can exist. But without societal purpose, a lot of companies lack a license to operate, which in turn seriously hampers their longer-term financial sustainability, simply is that. As the famous saying goes, “Equal distribution, and fairness, creates profits, not the other way round.” Recent robust empirical research of the International Monetary Fund, the World Bank, and the World Economic Forum…


Since the last decade, we are having a lot of debate and focus on climate change. Climate change is the buzzword these days and the activism for its advocacy is gaining momentum with every passing day. It is becoming the core area of focus for industries, corporations, tech giants, investors, and governments. People across the globe are either directly or indirectly affected by climate change. The gravity of the issue can be estimated from the various UN reports which indicated that climate change can lead to dire consequences ranging from food scarcity to active war zones across the globe.

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The…

Lev Mikulitski

Strategic Advisor for Startups | Venture Capital @ Kitaki.VC

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