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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. Energy & industry. Weaker residential construction activity cooled the HVAC sector, and heat pump sales bore the brunt at a 16% decline compared to 2022.  Happy Monday!  Manufacturing.

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? Africa’s inaugural climate summit #165

Climate Tech VC

An historic climate summit in Nairobi last week underscored the need for drastic changes in climate finance and clean energy development. The summit also sought to highlight Africa as a destination for climate investments, rather than viewing the continent as predominantly a victim of droughts, famines, and floods. Happy Monday!

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How can the world kick its oil habit?

Mr. Sustainability

The dark, often viscous liquid is the single biggest contributor to the world’s energy mix, at 34 per cent of consumption, followed by coal at 27 per cent and natural gas at 24 per cent. Our usage has jumped 62 per cent over the course of a few decades — up from 61.6 And can any drop in oil usage happen quickly enough? (5)