Climate-Tech VC Investing Tops $17bn in 2020
`Climate tech’ is a label for the emergence of technologies addressing the climate crisis, usually targeting both mitigation and adaptation. With lessons learned from the clean-tech boom and bust, venture capitalists believe climate tech can be profitable while helping the environment. A record $17 billion of capital was poured into climate-tech startups last year.
BloombergNEF categorizes climate-tech investment into six key technology themes: energy transition, transport and new mobility, agriculture and land-use, climate and forests, decarbonizing industry and buildings, and the circular economy and new materials.