The world faces the harsh realities of climate change, with rising sea levels, severe droughts, and catastrophic wildfires becoming more frequent and intense. The need for solutions to mitigate the devastating impacts of climate change has never been more pressing
The Institutional Investors Group on Climate Change (IIGCC) has launched a climate initiative aimed scaling and accelerating climate-related corporate engagement.
Climate tech startups in those three cities raised over €1bn in 2022, and each is home to at least one green unicorn
Global investment in the low-carbon energy transition totaled $1.1 trillion in 2022 – a new record and a huge acceleration from the year before – as the energy crisis and policy action drove faster deployment of clean energy technologies.
The founders of Envato and neobank Up have backed Brisbane-based fintech Bloom Impact Investing, as the investing app surpassed $1.6 million in funds under management and 200 customers.
As we look back at 2022, it’s not all doom and gloom when it comes to climate action. Progress has been made on a number of fronts, with the growth in renewable energy leading the charge - in the EU, solar power soared by almost 50 per cent this year.
Some people are calling 2022 the year the party ended. Others are calling it the hangover, or even the new normal. What we can all agree on is that 2022 was a year of reckoning for the venture capital (VC) industry.
Climasens, a climate intelligence start-up, has received a boost to scale its impact through the Humanitech Lab. The innovation program is spearheaded by Humanitech, an initiative of Australian Red Cross, focused on harnessing technology and social innovation to meet humanitarian need.
Carbon management startup Avarni has raised $3 million in venture funding, less than 12 months after launching.
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.
As organisations are forced to confront unprecedented rises in energy costs, an emerging group of Australian innovators in the energy sector is finding new opportunities and scaling for growth.
The Monetary Authority of Singapore (MAS), the central bank and financial regulator of Singapore, and Google Cloud announced today the launch of the Point Carbon Zero Programme, a new initiative aimed at driving the innovation, incubation, and expansion of climate FinTech solutions in Asia.
Climate tech startups raised nearly $19 billion in the first half of 2022, on pace to nearly match last year’s record $40 billion in investments. The volume of deals was up 76%, to 477 transactions, compared to the year-earlier period and even 36% higher than the second half of 2021.
Systemiq says it is out to fund founders who are focused on making large industries and cities “more efficient and sustainable.” In practice, it’ll fund key areas like regenerative land use, oceans, transportation and the circular economy.
Australia’s fast-emerging climate tech industry has received a $100 million booster shot from Qantas employees’ superannuation fund and the Clean Energy Finance Corporation, helping it remain immune to the malaise infecting the broader technology sector.
Australian electric vehicle charging firm JOLT Charge and Endeavour Energy have partnered in a plan to install up to 1000 electric vehicle chargers in Sydney, as the electricity network provider positions itself to capitalise on an expected rise in zero emission vehicles.
Solar, wind and green hydrogen scheme aims to generate equivalent to third of nation's capacity.
We asked six environmental experts to each nominate a book about the climate crisis that offers hope.
Ampol has announced a new partnership with EnergyLab that will work to support the next generation of female entrepreneurs in climate technology.