Articles by Jean-Louis Racine
Why Startup Accelerators Won’t Create the Global Climate Technology Revolution
Accelerators may be a great way to launch the next Pokémon Go app or even Airbnb, but they're not as suited for climate startups in low- and middle-income countries. Jean-Louis Racine, leader of the infoDev Climate Technology Program at the World Bank Group, explores several reasons why accelerators are "at best an incomplete tool for building climate tech sectors."
- Agriculture, Energy, Environment, Technology
Three Ways Entrepreneurs Can Tackle Climate Change (Hint: It’s Not Just About Scale)
There are ways entrepreneurs can make sizeable impacts on climate change without Facebook-like growth curves. Jean-Louis Racine says investors should follow the lead of the venture capital sector and support startups that won't grow or be profitable. Traditional impact metrics such as goods sold, customers served, revenues generated or jobs created no longer apply. The best way to catalyze a climate technology market is to help ensure that innovative high-risk, low-growth ventures don't fall through the cracks.
- Energy, Environment, Technology