Climate tech

Introduction

Climate Tech refers to an array of technology solutions designed to address climate change and its environmental effects. This can be done by reducing GHG emissions or adapting our systems to environmental changes.

Within the broad spectrum of climate tech, we find different types of technology, such as hardware, software, API, IoT, and biotech. Climate applications span a wide set of industries and sectors.

Here below, you can find some of the main applications for these technologies.

Combined enterprise value

In 2022, the combined enterprise value of global climate tech startups dropped by 20% to $2.0T, before recovering and reaching $2.5T in 2023.

The climate tech ecosystem has increased its combined value by 45x in a decade.