Over the past several weeks, I have had the opportunity to speak with four leaders working at the intersection of capital, climate, and system-level change, each bringing a distinct perspective on what it takes to move from intention to real-world impact. 

Across these conversations, we explored everything from outcomes-based financing and government-backed impact models to regenerative finance and ownership structures, to early-stage climate investing in Southeast Asia. What connects them is a shared recognition that the current system, whether ESG frameworks, traditional venture capital, or public spending models, isn’t quite delivering on its promise.

Here are the guests featured in the episode:

Francisco “Chico” Jardim, General Partner at SP Ventures

We talked about how this model has scaled globally, why it works best in complex social challenges like homelessness and criminal justice, and what still needs to happen to move from pilots to true system-wide adoption. Chico also shared his perspective on impact transparency and why better data and accountability are critical to unlocking larger pools of capital.

Full episode: https://sri360.com/podcast/francisco-jardim/
YouTube: https://www.youtube.com/watch?v=xCFFg26zo6E&pp=0gcJCdgKAYcqIYzv 

Nick Hurd, Chair & Senior Adviser, GSG Impact

Nick brings a deeply critical lens to traditional ESG and even parts of the impact investing ecosystem. His core argument is simple but uncomfortable: doing “less harm” isn’t the same as creating meaningful positive change.

Full episode: https://sri360.com/podcast/nick-hurd/
YouTube: https://www.youtube.com/watch?v=bagsC5n6sDs 

Laura Ortiz Montemayor, Founding Partner at SVX Mexico & Managing Partner, Regenera Venture Fund

Laura is focused on one of the most underfunded areas in climate investing: adaptation. While most capital continues to flow toward mitigation, she’s working to back founders building solutions for the climate impacts that are already here.

Full episode: https://sri360.com/podcast/laura-ortiz-montemayor/
YouTube: https://www.youtube.com/watch?v=vlLOScRChwk 

Alina Truhina, Founding and Managing Partner at Utopia Capital Management

Throughout these conversations, Alina plays a critical role in connecting the dots, probing where ideas hold up, where they fall short, and how they translate into real-world investment decisions. Alina shares insights about climate adaptation, impact investing, and how venture capital often struggles to understand and engage with regions where climate risk is already part of everyday life.

Full episode: https://sri360.com/podcast/alina-truhina/
YouTube: https://www.youtube.com/watch?v=olIygxJSpMI&t=2s 

Taken together, these four perspectives offer a window into a field in transition, one that’s moving beyond labels and frameworks toward deeper questions of structure, accountability, and long-term impact.