Episode 374: Cary Krosinsky of Yale - The Right Kind of Transition Momentum

I’m joined today by Cary Krosinsky who appeared on the podcast in 2021. I have put his previous podcast is here.  I invited Cary back after 5 years which have been transformative for the field of sustainability with notable headwinds and tailwinds that have shifted the emphasis of the field. He has written a new book called Transition Momentum, and in advance of its official launch in Montreal at BDC on September 8. See www.sfipublishing.comIn our conversation we discuss his activity over the past five years and the central argument of the book, which is that we're not making sufficient momentum towards the sort of transitions that we require on the environmental side. That's obviously primarily climate change, but it's also on the ground environmental degradation that's occurring in different parts of the world. We discuss why GDP may not necessarily be the best way to measure success and end with the 10 misunderstandings of sustainable financing. This and many more frameworks form the basis for this challenge to conventional thinking and hope for a richer future.A special thank you to our sponsors at Baillie Gifford and GCM Grosvenor. Baillie Gifford is a long-term investment manager, dedicated to discovering the innovations and changemakers that deliver exceptional growth opportunities for you.GCM Grosvenor is a global alternative asset management solutions provider, with more than $90 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return strategies.For over 50 years, the firm has helped investors navigate the complexities of alternative investing through a flexible, open-architecture platform. GCM Grosvenor is also focused on what’s next. Through its Elevate strategy, the firm supports the next generation of private equity leaders, making seed investments in emerging managers and providing the resources, network, and strategic guidance needed to help them grow. With nearly $800 million raised for its inaugural Elevate Fund, GCM Grosvenor is helping drive innovation and expand access across private markets. Learn more at gcmgrosvenor.com.