Fifth Wall's Wallace sees fintech as next step in the climate battle, weighs debt fund

Major real estate companies have been slow to decarbonize — leaving an opportunity for fintechs and financiers to speed up the process, Fifth Wall CEO Brendan Wallace tells Axios.

Why it matters: Real estate is responsible for about 37% of carbon emissions, according to a recent UN estimate, and Wallace sees a shortage of willing capital as the main hang-up in lowering that figure.