Silicon Valley Bank in the U.S. was a favourite for climate tech start-ups. So its recent collapse inevitably raised questions over whether those start-ups and by extension the whole climate innovation ecosystem was much more fragile than previously thought. Rushad Nanavatty, Colm Quinn and Amy Yanow Fairbanks at RMI explain why that’s not the case. Instead, it was an old-fashioned bank run caused by poor risk management, weakened regulation of … [Read more...]