Nitricity’s latest project—a FOAK organic fertilizer plant in California—is demonstrative of how Trellis Climate aggregates philanthropic capital for catalytic investments, making it easier and more effective for charitable asset owners to step up. Trellis Climate’s investment into Nitricity not only supports a pioneering climate solution but also exemplifies the key design elements that we’re building into Trellis itself.  We see these attributes as critical to addressing the FOAK capital gap in a systemic way, as these are missing in a field where more and more actors are noticing and working to alleviate the FOAK financing gap.

Project Frame’s approach to emissions impact attribution was featured alongside other industry leaders and standard-setters in an opinion piece published by Impact Investor. 

We’re thrilled to announce that Trellis Climate, our project finance program, has been named a Bezos Earth Fund Greenhouse Gas Removal Ideation Prize winner!

The winning proposal, "Increasing funding for first-of-a-kind carbon dioxide removal projects by deploying novel insurance products," tackles one of the toughest challenges in scaling climate infrastructure: bridging the commercialization valley of death.

Prime was featured in Sightline Climate’s 2024 Climate Capital Stack and New Funds report as a key player in catalytic capital. The report examines the evolving ecosystem of climate finance, highlighting how different types of capital—ranging from VC to later-stage and project financing—support climate tech startups as they scale. Catalytic capital plays a critical role in bridging early funding gaps by prioritizing impact over financial returns, accepting greater risk or concessionary returns to help climate solutions reach commercialization.

Net Zero Insight’s 2024 State of Climate Tech Report is here—and it’s their most comprehensive one yet, including an interview with our Director of Impact Accountability and Director of Project Frame, Keri Browder, who shares key industry trends, challenges and opportunities.

We’re thrilled to share that Lara Pierpoint, Managing Director of Trellis Climate, has been recognized in the 2024 Fin-Erth Women in Climate List!

Lara was nominated by Samia Qader, host ofthe Climate Tech 360 podcast, for her outstanding work in unlocking climate solutions. This recognition highlights her contributions alongside 100 other incredible women from around the globe who are driving meaningful progress in climate and sustainability.

New Private Markets highlighted Project Frame in its coverage of the Impact Convergence Forum for Private Equity (ICF), a newly formed group working to standardize impact measurement. The article notes that ICF, which includes a steering committee of 10 organizations, is collaborating with Project Frame to drive consistency in how GPs and LPs measure and report avoided emissions, bringing greater clarity to impact quantification across the industry.

A new paper from The Global Impact Investing Network, Climate Solutions Investing in Review: An Analysis of Key Issues and Recommendations for an Investment Framework, features Project Frame’s pre-investment methodology guidance and the CRANE tool.

This paper highlights existing frameworks that support investors who strive to invest in climate solutions with the real potential for reducing or avoiding future emissions and identifies key opportunities for moving forward.

Heatmap’s Katie Bringham features Trellis Climate and Managing Director Lara Pierpoint in a recent article about the ways investors are addressing climate tech’s missing middle.

Sultan Zelei, Senior Associate at Project Frame, and Claudia Leon, Senior Manager of Impact, co-wrote an article in Green Artha's latest India Climate Finance Report, organized by the Climate Capital Network. In the article, they share Prime's recent research, conducted in partnership with Desai & Associates, on deploying foreign catalytic capital to India, and outline the importance of increasing access to resources for high-impact investing through initiatives such as Project Frame and tools such as the CRANE tool, developed in partnership with Rho Impact.

The CommonWealth Beacon featured insights from our Executive Director, Sarah Kearney, regarding The Boston Foundation's new report on retrofitting Boston’s small buildings. Sarah emphasizes the critical role of philanthropic investment in driving decarbonization efforts and overcoming challenges in the retrofit landscape, and advocates for a coordinated approach that unites various stakeholders to ensure equitable outcomes for Boston’s communities.

The Glasgow Financial Alliance for Net Zero (GFANZ) featured Project Frame, a program convened by Prime Coalition, in their recent publication "Case Studies on Transition Finance and Decarbonization Contribution Methodologies", highlighting their work to build consensus-based and science-backed forward-looking emissions impact methodologies, as well as their recently launched series of case studies to advance the practice of forward-looking emissions impact assessment.

ImpactAlpha recognized Trellis Climate among six women-led funds capitalizing the commercialization of climate tech.

Prime Coalition was featured by international law firm Foley Hoag as a “leading light” amongst organizations using catalytic capital to advance climate solutions.

We’re honored that Prime Coalition’s work is featured in the latest Ceres, Inc report, including our definition of Avoided Emissions, our pioneering 2017 methodology, Climate Impact Assessment for Early-Stage Ventures, and the CRANE tool, developed in collaboration with Rho Impact, which is a vital resource for reducing barriers to emissions impact assessments for early-stage technologies.

Semafor’s Tim McDonnell asked Lara Pierpoint, Managing Director of Trellis Climate, “What's the most helpful thing philanthropy in particular can do to scale climate tech?” Read her response in this edition of the Semafor Net Zero Newsletter.

WBCSD Features Project Frame In Avoided Emissions & Sustainable Finance Report.

ImpactAlpha spotlighted the launch of Prime's updated CRANE tool, developed in partnership with Rho Impact.

Prime's catalytic capital program, Trellis Climate, was listed by the Carbon Herald among the solutions presented at SF Climate Week to "get great climate tech companies to market".

Lara Pierpoint sat down with TechCrunch’s Tim De Chant to discuss the substantial challenges startups encounter in securing the funding needed to build their pioneering projects.