Our 2021 Climate Tech Outlook report highlights tech solutions focused on reducing emissions and resource use in the industrials sector. We break down the trends to watch and how companies can prepare for the impacts of climate change.
In summer 2021, the UN Intergovernmental Panel on Climate Change (IPCC) rang the alarm on climate change. Per its report, human activity is unequivocally causing global temperatures to rise, putting us on track to reach a disastrous degree of global warming in the next 20 years.
As the urgency of the climate crisis rises, policymakers, regulators, and investors are putting pressure and deadlines on corporates to disclose and reduce their environmental footprint. In turn, companies creating solutions that abate emissions and reduce resource intensity are seeing record-level high funding levels in 2021 to date.
Investment, innovation, and interest in the climate tech space will only continue to rise, especially in relation to heavy-polluting industrial sectors like manufacturing, transportation, and energy.
In this report, we highlight the climate tech trends that can reduce the carbon footprint of companies in the industrials sector.