Climate Salad was founded just 3 years ago, and in those early days we set an ambitious goal to chart the dynamic landscape of Australian climate technology. We surveyed over 150 companies that first year, and we found a young, but strong, Australian climate tech industry.

Now in its third year, we’ve refocused the Industry Report back onto our incredible community of over 600 climate tech companies, and created a whole new interactive Australian Climate Tech Insights (ACTI) data platform.

From renewable energy innovations and carbon capture solutions, to advancements in sustainable agriculture and green hydrogen, you’ll discover a broad spectrum of ventures who are addressing the challenges of climate change.

Despite challenging macro-economic conditions, multiple Australian climate tech companies are genuinely growing and leading global climate innovation.

We are enormously grateful to the founders who completed this year’s survey, and those who have uploaded their profile to our new Australian Climate Tech Insights data platform. This report would literally not exist without you.

Our ask of you: please use this report to connect with and help an Australian climate tech company - as a customer, mentor, investor or supporter. Everyone makes a difference.

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A Pulse Check of a Growing Industry

The climate tech industry is not just a niche; it has become a vital, transformative force that is reshaping how we approach sustainability, energy, agriculture, and much more. This year’s report highlights the strong growth of the sector, showcasing the pioneering work of startups committed to tackling the most pressing environmental challenges of our time.

We’ve captured the pulse of the industry, providing insights into market and investment trends, and the groundbreaking technologies that are making waves. From carbon capture solutions to sustainable agriculture practices, the report sheds light on the diversity and depth of innovations that are setting the stage for a more sustainable future.

Key Findings and Insights

Australia’s climate tech industry has strength and momentum. Global regulation is driving new customers. With the right mix of capital injected now, we can build the industry and jobs of tomorrow.

  • Market conditions continue to make raising capital challenging
  • Gender diversity is high but funding and support remains low
  • Jobs in climate tech have grown by 30%, building our new economy
  • Australian tech can create both domestic and international impact
  • Climate impact measurement remains a complex challenge
Industry Challenges and Opportunities

Despite the impressive strides made, the climate tech industry faces its share of challenges. Navigating regulatory landscapes, securing funding, and maintaining agility in the face of changing business conditions are just a few of the hurdles that companies must overcome. However, with the right support, the opportunities can outweigh these challenges.

One of the most exciting opportunities is the expanding market for climate tech solutions across different sectors across the globe. As awareness of environmental issues continues to grow, so does the demand for technologies that can mitigate climate change and help businesses transition to more sustainable practices. This demand is driving a new wave of entrepreneurship and innovation, making the climate tech sector one of the most dynamic and promising industries of our time.

A Call to Action

The launch of our third annual report is more than just a celebration of past successes; it’s a call to action. We invite all stakeholders—entrepreneurs, investors, policymakers, and consumers—to engage with the findings and continue to drive the momentum needed to tackle the climate crisis.

At Climate Salad, we are proud to support the incredible work being done in the climate tech industry. We are committed to fostering a community that not only celebrates innovation but also ensures that these innovations lead to meaningful, measurable change.

As we look to the future, we remain optimistic and energized by the potential of Australian climate tech to create a sustainable world. The insights and data presented in this year’s report are just the beginning. Together, we can build on this foundation, scaling solutions that will shape a greener, more resilient planet for generations to come.

Let’s continue to drive the change we want to see. Dive into the full report, get inspired, and join us in pushing the boundaries of what’s possible in Australian climate tech.

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Download the full report here
Check out the Australian Climate Tech Insights (ACTI) platform here
Watch the Industry Report Virtual Launch recording
Join the Conversation
We’d love to hear your thoughts on this year’s report. Share your insights, ask questions, and connect with us on LinkedIn. Let’s keep the momentum going!

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Posted 
Aug 8, 2024
 in 
Industry
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