(Source: Tech Nation, Net Zero Insights, 2022) Climate tech companies by their very nature are impact tech companies. They are developing a business which will better society and the planet, and are all contributing to Sustainable Development Goal (SDG) 13, Climate Action. Affordable & Clean Energy (28%), and Responsible Consumption & Production (25%) also feature highly. Russia’s invasion into Ukraine has led to extraordinary turbulence in the energy sector and triggered a world energy crisis, reinforcing the need for Affordable & Clean Energy. Climate tech startups and scaleups have an important role to play in this global crisis. 9 of 17 UN SDGs feature, displaying that the impact of these companies is not limited to benefitting the planet but also benefiting society. 18% of businesses working towards UN SDG 2, Zero Hunger is testament to this. It is an example showing that embarking on more environmentally sustainable food & agriculture practices also benefits the sustainability of food & agriculture for humans.
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