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A climate tech path to sustainable growth
Key takeaways
The SVB Climate Tech Report is our in-depth report providing an overview on the impact of climate change, emerging climate technologies, and investments trends.
01
Investments in climate tech are increasing
VC funding is up by 122% from 2015-2020 in transportation and logistics.
02
Costs to deploy cleantech are decreasing
Solar, wind, and storage, are competitive with fossil fuels on a cost basis. As a result, innovators of cleantech can deploy products faster at less cost – increasing adoption.
03
Electrification can make a huge impact on reducing GHG emissions
73% of greenhouse gas emissions are coming from energy: Transportation, homes and buildings and industrial processes. There’s an opportunity to decrease emissions by ~70% via decarbonizing the grid with electrification.