https://energy.mit.edu/wp-content/uploads/2016/07/MITEI-WP-2016-06.pdf?ref=ctvc.co
- This 2023 McKinsey report shows that climate-related private-market investment far outpaced the broader market in 2022 as measured by deal activity, the amount of capital deployed, and capital flows into dedicated funds.
- This 2023 PwC report, published 6 months later, shows some impact on climate investment from the same factors affecting all other sectors -- geopolitical turmoil, sinking valuations, inflation and rising interest rates -- but still shows that climate tech’s share of private market equity investment rose to 11.4% in Q3 2023 and is tracking at an annual rate of 10% for the year to date, extending a decade-long upward trajectory.
- CTVC, always a source of interesting insights, tracks the exits that are already happening in this still-maturing space. 289 climate tech companies have exited via M&A, SPAC, and IPO since 2020; climate tech exit activity has increased 70% YoY in the last two years; and $400B in total enterprise value from the last three years’ 150 disclosed exits.
- Atomico's State of European Tech report showed that "sustainability / climate" was by far the most popular sector for tech talent in Europe.