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? $32bn and 30% drop as market hits pause in 2023

Climate Tech VC

Download the full report and data (clients) Highlights 💰 2023 investment: Funding in 2023 totaled $32bn, down 30% from 2022, although CAGR remains high since 2020 at 23%. 🚗 Vertical: Transportation and Energy investment declined, but remained on top. 2023 saw a 29% increase in the cumulative total.

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'The green recovery starts at home': EU accelerates Green Deal with buildings, chemicals, and methane plans

Business Green

As nations head into a higher state of lockdown in response to rising Covid-19 infection rates, and the UK and EU head into yet another round of talks over a potential Brexit deal, the European Commission is continuing to press on with its Green Deal strategy for building a 'net zero emissions continent' by 2050.

Methane 48
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Mapped: The Network of Powerful Agribusiness Groups Lobbying to Water Down the EU’s Sustainable Farming Targets

DeSmogBlog

BASF’s wine tasting is just one example of many such pandemic-style lobbying efforts by the European agriculture industry since the EU has attempted to pass sweeping new policies to combat climate change through measures included in its “Green Deal,” first presented in December 2019.

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? CTVC’s guide to NYCW #163

Climate Tech VC

In the news this week, $7T for fossil fuel subsidies, the summer brings more tropical storms, and Equinor opens the world’s largest floating wind farm… to power oil drilling. for Northvolt to build energy storage, $100M for direct lithium extraction, and $60M for heat batteries. Thanks for reading!

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? Fueling carbon-free transport

Climate Tech VC

As energy demands increase for heavier and longer-distance transport, the energy efficiency equation for fossil based-fuels becomes harder to displace. So far, electrification and hydrogen-based options have struggled to achieve sufficient energy densities.

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20 C-suite sustainability champions for 2021

GreenBiz

Each of these individuals is playing the long game and is in a strong position to move their companies and industries into what could be a more hopeful period of reconciliation, recovery and repair. Most support science-based targets and sit on multiple boards, collaborations and advocacy groups to further industry-level sustainability goals.

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? US clean investment cleans up with $239bn #187

Climate Tech VC

The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Winners include manufacturing, up 133% from 2022, and emerging climate technologies that saw a whopping 10x jump to $4.3bn. Energy & industry. Happy Monday!  Manufacturing.