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 the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Venture Capital

The Tofoo Co. snapped up by Comitis Capital as it eyes 'era of rapid expansion'

The Tofoo Co. snapped up by Comitis Capital as it eyes 'era of rapid expansion'

German private equity firm acquires majority stake in Yorkshire-based tofu and alternative proteins brand

Cecilia Keating
clock 21 August 2024 • 2 min read
Is investor interest in clean energy start-ups stalling?

Is investor interest in clean energy start-ups stalling?

Global investment in clean energy start-ups fell back slightly last year - but trend masks significant economic, geographical, and technological variations across the increasingly influential sector

Michael Holder
clock 09 July 2024 • 7 min read
Octopus Energy: Latest investment takes valuation to over $9bn

Octopus Energy: Latest investment takes valuation to over $9bn

Generation Investment Management and the Canada Plan Investment Board both increase stakes in British energy and technology giant

Michael Holder
clock 07 May 2024 • 2 min read