Report: Germany overtakes UK as top destination for climate fintech investment

clock • 2 min read
Credit: iStock
Image:

Credit: iStock

Investment in climate-related technology firms reached $1.95bn in the EU in 2024, according to CommerzVentures

The UK has been knocked off the top spot as Europe's leading destination for investment in climate-related financial technology start-ups by Germany for the first time, a new report this week claims...

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 Investment

OECD: 'Climate action does not hinder economic growth, it provides economic gains'

OECD: 'Climate action does not hinder economic growth, it provides economic gains'

OECD becomes latest high profile body to conclude bolder climate ambition 'is not only achievable, it also makes economic sense - even in the near-term'

Michael Holder
clock 27 March 2025 • 7 min read
JPMorgan asset management unit and Deloitte become latest firms to quit green finance groups

JPMorgan asset management unit and Deloitte become latest firms to quit green finance groups

Net Zero Asset Managers initiative and Net Zero Financial Service Providers Alliance become latest groups to be hit by 'ESG backlash'

Stuart Stone
clock 25 March 2025 • 4 min read
Corporate reporting on physical climate risks 'limited' and 'inadequate'

Corporate reporting on physical climate risks 'limited' and 'inadequate'

Nest and UBS AM report says current climate risk models have 'inherent limitations'

Martin Richmond
clock 21 March 2025 • 3 min read