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🌍🌱 Investments in Climate tech startups are going to be a massive outperformer πŸ’°πŸš€

Derek Watson
Derek Watson
N2 Blog

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What Is FinTech? The Basics

🌍🌱 Investments in Climate tech startups are going to be a massive outperformer for early stage investors πŸ’°πŸš€

βœ… 2022 saw a record $70.1B invested by VCs in climate tech, up 89% from 2021. That’s pretty good growth but considering the International Renewable Energy Agency’s estimation of $5 trillion per year is needed, thats $150 trillion by 2050, to limit global warming to 1.5Β°C πŸŒ‘οΈπŸ“ˆ there is a lot of growth coming.
Huge potential for climate tech startups.
πŸ’ΌπŸ’Έ Over $1.304 trillion was spent on climate fixes globally in 2019/20, half public half private sector.
➑️ Emissions reductions ($586 billion)
➑️ Adaptation measures ($49 billion)
βœ… Investing in climate change solutions is a winning strategy, and it now extends beyond solar panels and EVs. πŸŒžπŸ”‹πŸš— and is largely driven by public sector spending, legislation and regulation and FEAR. 😳
We are now seeing investments with a greater diversification across new frontiers like decarbonized food, carbon capture, and next-gen fuels while 2022 saw storage ($18.4B), mobility ($11.4B), food & agriculture ($9.5B), and renewables ($8.0B) all well funded.
The US leads the way in VC climate tech global investment, followed by Europe, China, and India but China dominates clean energy supply chains in lithium-ion batteries, metal refining, solar, hydrogen electrolyzers, and wind turbine nacelles. πŸ‡ΊπŸ‡ΈπŸ‡¨πŸ‡³πŸ”‹
⭐️ The momentum is cranking up and going to continue, to find innovative solutions that tackle climate change or investors looking to invest, reg on N2 and connect.
πŸš€ One of the biggest investment opportunities of a lifetime is here, and it is a necessary change that will happen irrespective of if you believe in climate change or not.
No pressure, but the future of our planet depends on it. 🌎πŸ’ͺ
for the ❀️ of startups

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