Climate tech funding represented more than a quarter of venture capital investment in 2022 so far, and has been in the upper half of the 20-30% range since the start of 2018, according to PwC’s new State of Climate Tech 2022 report.
The IKEA Foundation, a strategic philanthropy funded by IKEA owner INGKA Foundation, announced today plans to deploy €600 million in climate funding by 2025. Key areas of deployment identified by the foundation include stimulating a shift to alternative and plant-based proteins, and reducing methane emissions in agriculture.
Clean-tech stocks rose to some of their highest levels in months after Democrats won the backing of Arizona Senator Kyrsten Sinema for their bill to spend $370 billion on climate change measures.
When the bad news comes in about climate change – and there’s been plenty of it in the past week – it’s easy to start feeling helpless. But that’s only half the story – and now Silicon Valley is watching!
A new research report released today by Deloitte highlights the stark economic differences between taking a coordinated global approach to climate action and failure to act, with inaction on climate change poised to lead to as much as $178 trillion in GDP destruction over the next 50 years, while achieving global climate goals could result in $43 trillion of economic benefit over the same period.
World Economic Forum VCs alone can not solve climate change. We need global and purpose-driven entrepreneurial ecosystems
A new rule proposed by the SEC would require companies to significantly increase their reporting on climate risk. We look at the implications for senior executives.
Climate tech has seen the biggest gain since its last run-up and subsequent bust in the early 2000s, according to a new report Silicon Valley Bank provided exclusively to Axios
Colossal, the company known for its mission to resurrect a woolly mammoth (or at least, an elephant with some very mammoth-like traits), is back with $60 million in Series A funding. But despite the fanfare and cash, there’s not a ton of scientific progress to report.
Today, we’re pleased to announce the launch of the McKinsey Platform for Climate Technologies (MPCT) to help clients identify, develop, deploy, and scale technologies for transforming carbon intensive products, services, and systems.
Reflecting an unprecedented period in history, the report captures not only the reality of the immense challenges we face amid the ongoing global pandemic, but also the resilient responses that so many impact enterprises offer as solutions.
The limp response from many in Australia’s technology and innovation sector to the government’s pre-election budget will have come as a surprise to some within the Coalition, but zero enthusiasm is a fitting response from an industry that has been largely ignored or patronised by prime ministers for the best part of a decade.
Sustainable clothes maker Patagonia will axe all order discounts for its Australian wholesale partners unless they take steps to reduce their carbon footprint in a move aimed to encourage other retailers to take further action against climate change.
There is no denying that almost everything we do today has an impact on climate change, which in turn affects our way of life. This is an issue that cannot be ignored any longer.
Unicorn founder Didier Elzinga and venture capitalist Paul Bassat say proposed budget changes to lift and in many instances remove the cap on employee share schemes puts Australia’s start-up sector on a level playing field with Silicon Valley.
The SEC has released a new proposal: that public companies begin reporting their carbon emissions and reductions progress alongside their financial results—with the same rigor.
Here in Australia we pride ourselves on our world-class coffee. The only problem is that pang of guilt every time we throw one of those plastic-lined disposable cups into the bin – adding up to about a billion of them every year. So whenever a business comes up with an innovative way to reduce café waste, we’re all interested.
Australian banks could be forced to count the emissions of residential mortgagees, car financing and other debtors in their official carbon footprint if proposed climate disclosure rules in the United States are formalised later this year.
As the world sizes up the twin challenges of climate change and biodiversity loss, new approaches are emerging that are set to address both.