Trellis Climate Launches Vensurety at New York Climate Week 2025
The Trellis Climate team just closed out another whirlwind New York Climate Week (NYCW). More so than past years, 2025 was a special celebration for the team and our partners. On Monday of Climate Week, we announced the launch of Vensurety with GreenieRE Coalition (read the press release for the details). The timing of the launch sparked lots of invigorating discussions and set a tone of curiosity and excitement for the rest of the week. The Trellis team also had the opportunity to promote the launch at several events, including the Node FOAK Summit and the InnSure Climate Forum.
Lara Pierpoint (left) moderating a panel at the Node FOAK Summit with panelists Lorraine Chambon, Technip, and Richard Riley, New Energy Risk.
If last year the Trellis team felt there was a lot of hype around First-of-a-Kind (FOAK) projects and the ‘valley of death’ at NYCW, this year was all about targeted interventions to bridge the gap. Building on the Vensurety launch, they specifically joined a number of events focused on risk characterization and allocation, including at the CEV's Working Session on Performance Risk Solutions for Climate Tech Deployment and EDF’s Unlocking Impact: Insurance as a Catalyst for FOAK and NOAK Energy Projects. It seems like the FOAK ecosystem is becoming more aware of the importance of insurance and risk-transfer solutions as the ecosystem strives to demonstrate replicable capital stacks and off-balance-sheet capital solutions to scale climate technologies.
Lara Pierpoint speaking on a panel at the InnSure Climate Forum. From left to right, she was joined by Jeff McAulay, GreenieRE Coalition, Kyle McEneaney, Schmidt Futures, Greg Randolph, Coalition for Green Capital, and Amy Antczak, GreenieRE Coalition.
While Vensurety and insurance were major focuses for the Trellis team, they also observed a number of other themes:
Climate is down but not out - While the Federal cuts cast a pall on the overall energy of the week, the ecosystem remains dedicated to climate impact and deploying the infrastructure needed to meet our emissions reductions goals.
It’s time to batten down the hatches - Investors are now looking to a longer time horizon and encouraging companies to double down on growth strategies and modular infrastructure approaches as FOAK remains challenging in the near term.
Opportunities abound abroad - Many companies are shifting their focus to deployments abroad where markets remain more favorable for climate technologies.
New load growth creates new opportunities - There was a huge emphasis on the growing demand for power generation and the role of hyperscalers in deploying clean electrons to meet it.
We need more community engagement and partnerships - Communities are critical stakeholders in building climate infrastructure, yet this perspective was largely absent from the FOAK dialog.
The Trellis Climate team will continue to ruminate on these topics and others as we settle back into our offices this week. In the meantime, please reach out to us to learn more about Vensurety by emailing Emily Lewis O’Brien at emily@primecoalition.org.
