Why climate tech needs more than private investment – Diane Gilpin, CEO, Smart Green Shipping
UKTN | The Podcast
UKTN
5 • 6 Ratings
🗓️ 22 July 2024
⏱️ 30 minutes
🧾️ Download transcript
Summary
Diane Gilpin, founder and CEO of Smart Green Shipping, discusses the astronomical climate impact of the shipping industry, why Scotland is the perfect place for a woman entrepreneur in climate tech, and why government funding is vital alongside private investment into the green technology space.
Gilpin founded Smart Green Shipping in 2014. The startup develops hardware and software designed to reduce the climate impact of the shipping industry. Gilpin has been in the shipping industry for well over a decade and discusses how far behind it is in the fight for gender equality. Gilpin notes, however, that her experience of business and engineering in Scotland was surprisingly progressive and welcoming. Gilpin has worked in tech for more than three decades, beginning her career on the launch team for Cellnet mobile phones before spending time in F3 and Formula One.
Transcript
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| 0:00.0 | Shipping is responsible for about 3% of total greenhouse gas emissions. |
| 0:10.0 | And that doesn't sound like a huge amount, but it's comparable to Japan or Germany or significant developed countries. |
| 0:19.0 | Scotland has become a hub for green energy transition. |
| 0:26.6 | There's also a strong nature, thrust in Scotland as well. |
| 0:30.6 | It's a very progressive country in understanding opportunities for new innovation. |
| 0:40.3 | We do have a technology, we do have a lot of private investors who are prepared to go for the long haul, |
| 0:46.3 | but generally speaking, to get to scale, at the speed that we need to get to scale, |
| 0:51.3 | to address the planetary health challenges, we do need to see some public money, some government support. |
| 1:01.2 | From the first time founders to the funds that back them, innovation needs different. |
| 1:06.8 | Our episode partner, HSBC Innovation Banking, is proud to accelerate growth for tech and life science businesses, |
| 1:14.3 | creating meaningful connections and opening up a world of opportunity for entrepreneurs and investors alike. |
| 1:20.9 | Discover more at www.h.hsbc Innovationbanking.com slash E.N. dash GB. |
| 1:33.5 | Hello and welcome to the UKTM podcast, a weekly chat with the movers and shakers of the UK |
| 1:38.9 | tech industry and the destination for all things UK tech related. I'm your host, Jane Wakefield, and joining me |
| 1:45.8 | this week is Diane Gilpin, the founder and CEO of Smart Green Shipping, a company that is |
| 1:51.6 | developing wind-powered solutions for the shipping industry. Welcome, Diane. Hi, Jane. Thank you |
| 1:57.7 | very much for inviting me. Now, let's kick off by putting this company that you run into context before we get down |
| 2:05.4 | to what it is that you guys are doing. So what really is the sort of scale of the problem |
| 2:10.7 | with emissions in the shipping industry? And is it something that's affecting our air quality or |
| 2:16.4 | is this about the oceans? |
| 2:18.0 | What are the problems? |
| 2:19.3 | I mean, it's both and other things. |
... |
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