(Source: Tech Nation, Net Zero Insights, 2022) The rising tide of tech investment has not been the sole cause of spiking climate tech deals, climate tech investment as a proportion of all investment has increased from just over 3% in 2017 up to 16.88% in 2022 The chart below may well symbolise the extent to which our climate, and the need to act has become more embedded in the public psyche. Two trends have arguably influenced the recent trajectory of climate tech more than any others, they are: 1) investor appetite has ballooned for climate tech related activity, as consumer demand is proven, and market readiness is established, and 2) increased public awareness, private activity, and political will has been applied to climate tech over the last three years - moving this nascent area of tech away from a niche social interest to a mainstream movement.
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