Comment from Dominic Hofstetter, director of capital and investment, Climate-KIC

Here’s a problem we need help with.

For the past 9 years, EIT Climate-KIC has supported more than 1,600 climate-positive startups in 31 countries. These companies have gone through our Accelerator, a three-stage program providing financial support, training, tools, and coaching. Collectively, they have raised more than €1bn in venture capital. Some of our most notable alumni include Ynsect, tado, Lilium Aviation, Volocopter, Thermondo, and Climeworks.

As impressive as these numbers are, they cannot mask the fact that greenhouse gas…