Climate tech investment has tripled, but are venture capitalists flocking to the right green industries?

Cecilia Keating
clock • 4 min read
Mobility solutions received the lion's share of climate tech funding | Credit: iStock
Image:

Mobility solutions received the lion's share of climate tech funding | Credit: iStock

Heightened focus on ESG in private markets and recent wave of corporate net zero targets have prompted dramatic increase in global climate tech investment, according to new PwC analysis, but fears remain that key technologies are under-funded

Fourteen per cent of venture capital investment in 2021 went into climate technologies, with just shy of $90bn being pumped into solutions geared at reducing greenhouse gas emissions, according to new...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Venture Capital

Clean Food Group bags £2.5m to help deliver sustainable fats and oils technology

Clean Food Group bags £2.5m to help deliver sustainable fats and oils technology

EXCLUSIVE: UK biotech firm secures investment from the Clean Growth Fund to accelerate commercialisation of its low carbon fats and oils alternatives technology

Michael Holder
clock 26 March 2024 • 3 min read
Andreas Saari: 'Most skills we need are transferable across industries'

Andreas Saari: 'Most skills we need are transferable across industries'

Co-founder and co-CEO of re-stored carbon innovator Paebbl discusses hiring from the oil and gas industry and being on the cusp of an 'incredible transformation' in the way the world makes materials

Stuart Stone
clock 19 March 2024 • 6 min read
Anthesis snaps up US sustainability reporting specialist BuzzWord

Anthesis snaps up US sustainability reporting specialist BuzzWord

Sustainability consultancy’s latest acquisition sees US ESG reporting specialist BuzzWord join its expanding portfolio

Michael Holder
clock 06 March 2024 • 3 min read