Investment in climate tech is also economic stimulus

Climate change is high on President Joe Biden’s agenda. Last week, on his first day in office, the United States rejoined the Paris climate accord. Reuters reports he’s expected to announce a climate order that will introduce new regulations and make climate change a national security priority. And Biden has tied economic recovery to climate investment — new jobs, new infrastructure and new funding. Molly spoke with Jay Koh, managing director of the private equity firm Lightsmith Group, which is focused on climate adaptation technology.