Janet Yellen Joins Climate Venture Angeleno Group

Janet Yellen, the former U.S. Treasury Secretary and Federal Reserve Chair, has joined the advisory board of Angeleno Group, a venture capital firm specializing in climate-focused investments. This appointment comes as Yellen emphasizes the importance of private investment in addressing climate change, especially in light of the recent national policy challenges. She reflects on the role of multilateral development banks in mitigating investment risks and highlights the continuing global commitment to addressing climate issues. Yellen stresses that despite the Trump administration's stance, there are significant opportunities and incentives, including tax credits and the demand for renewables, which make the sector vibrant. As she takes on this role, she advises investors to recognize massive opportunities in this sector, pointing out China's significant advancements and investments in technology.