Stegra AB

Uh, they were wonderfully successful, raised a lot of money and, and ultimately were able to start the facility up.

We know them today as Stegra.

But I was studying the developments around green steel and what was gonna happen.

Um, myself and a genius PhD metallurgist friend, uh, Kristen Tippey, um, we ultimately, uh, along the lines were understanding, you know, carbon markets, uh, what were happening there.

Mm-hmm

... think about what, uh, Meta, um, did with their, um, an-announcement, uh, with Electra, which by the way, is just a phenomenally cool, um, technology, um, that's being brought to bear in the steel industry for green iron.

And then think about what Microsoft did with their deal with Stegra.

Uh, you know, the use of EACs.

So that can be how can we enable finance to go into solutions in a way that is both giving results but also opening up the market for climate solutions companies.

So one example that I can talk about is obviously we have a company called Stegra who works with Green Steel, who is a climate solutions company qualified as a climate solutions company.

And with them, it's of course very obviously interesting for this whole financial system to work so that the money goes in the right direction.

thanks to whatever kind of policies we can put in place, but also the voluntary frameworks that they are evolving in the direction so that you can get the incentives to steer the money towards climate solutions.