In recent weeks, The Net-Zero Banking Alliance has folded amid stalled funding and unclear standards; US President Donald Trump continues to label climate change a ‘con job’; the Tories have announced plans to scrap landmark climate legislation; and manufacturers are being deterred from investing in green tech as it can increase their tax bill.

Against this backdrop, a group of industry leaders has launched Insurgent – a new venture studio built to ‘close the gap between climate ambition and investable action’.

Veterans across technology, marketing and design, fashion, green energy, telecoms, business strategy and elsewhere have joined Insurgent to ready startups to receive the projected $86bn of dry powder investment intended for climate action.

The group will be led by CEO Cyrus Vantoch-Wood (ex-BBDO New York, Naked Communications, Chiel Worldwide), head of business strategy Florence Shaffer (CEO at Becoming, formerly at Estée Lauder Companies, Burberry, Lucasfilm) and fund manager Wladimir Miroschnikow (partner at SCNE Ventures, formerly of Vertum.Group and venture consultant to Deutsche Bank and Unilever).

Startups at Insurgent will also benefit from the hands-on guidance of an accomplished advisory board consisting of Jon Cropper (FutureLogic), Roland Rudolf (Chiel Germany), Arnaud Nichols (Bloqs London), Mark Lyra (TrueWind LLC US), Gill Linton (CEO and EiC at Byronesque) and Alasdair Scott (Digital innovation for Apple, Boeing, Barclays and BMW).