Nevertheless, the US dwarfs other countries when it comes to climate tech raises - at over 4x investment raised by these pioneering firms than the UK, in second place. Notably, France and Germany have seen some of the highest increases in climate tech investment over recent years (Germany registering a 344% increase in investment from 2020-2021, for example) eclipsing Sweden, which was second only to the UK for climate investment in Europe in 2020. Country 2017 2018 2019 2020 2021 2022 United $5.132bn $9.516bn $15.763bn $17.692bn $38.991bn $36.852b States n United $0.404bn $0.878bn $1.259bn $2.813bn $4.055bn $7.455bn Kingdom Germany $0.325bn $0.507bn $0.951bn $1.796bn $8.051bn $3.593bn France $0.441bn $0.680bn $0.662bn $1.508bn $2.140bn $3.348bn Canada $0.115bn $0.489bn $0.870bn $0.584bn $1.589bn $2.560bn Sweden $0.119bn $0.302bn $1.795bn $2.861bn $4.627bn $2.454bn Netherlands $0.143bn $0.289bn $0.528bn $0.396bn $1.443bn $1.198bn