5 Takes On The Future Of Climate Tech

credit: FastCoExist

"Climate justice is the social justice issue of our time," Heather McTeer Toney said last week at the Techonomy Climate conference in San Francisco.

The EDF VP for community engagement added that "the biggest environmental challenges can't be conquered alone. Private-public sector partnerships and non-traditional collaborations are key to delivering impact at a transformative scale." And that's exactly what's happening, writes climate scientist Katharine Hayhoe at Fast Company. "This is the era of climate innovation," she writes.

"A decade ago, one of our greatest challenges was collecting data to make the economic, social, and environmental case for climate action. Today, the challenge is getting stakeholders - business leaders, entrepreneurs, investors, and policymakers - to act on the data and put forth solutions that drive down carbon pollution and build resilience."

In the first half of 2021, more than 600 climate tech startups raised over $60 billion, a 210% increase from the prior year. "Climate tech investment is booming," Hayhoe writes. "More than 600 climate tech startups raised over $60 billion in the first half of 2021 alone."

That influx of capital is having two impacts: It's driving down the green tech cost curve and making investments in climate tech look less risky.

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