Climate action frameworks have yet to support climate-smart startups. That needs to change.
The global market for climate tech was $13.8 billion in 2021 and is expected to jump to $147.5 billion by 2032, according to Future Market Insights. One reason for rise is responding to disaster caused by climate change.
Australia’s nascent climate tech sector is already worth $4.2 billion and could deliver more than 2,000 new jobs in next 12 months, according to a landmark new report by Climate Salad.
Global consulting major is enhancing support for sustainable tech clients, building on the McKinsey Sustainability division created to consolidate its E&S business services.