Sparklines
Deploying Climate Capital Far and Wide Depends on Bank Regulation
Climate companies need to be focused on innovation and building their businesses, not worrying about the stability of their bank.
Customers in line outside Silicon Valley Bank headquarters in Santa Clara, California, on March 13.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
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Banking is a business that borrows short and lends long, and the collapse of Silicon Valley Bank has just put thousands of startups — including dozens of emerging climate-tech businesses — through a crash course about what bankers call “duration risk.”