Leaders in Climate Tech
The latest climate report from the Intergovernmental Panel on Climate Change (IPCC) emphasized a heating planet's disastrous and likely consequences. That is unless we dramatically reduce our consumption of fossil fuels and extract carbon already emitted into the atmosphere. That's a big what-if as governmental policy and investment have yet to address the crisis with the urgency required, despite increasingly desperate pleas from climate scientists. The IPCC report’s section on investment recommends a 2x increase of investment in climate technologies. As many have pointed out, this goes beyond paper straws.
Meanwhile, the war in Ukraine rages on, casting a harsh light on our energy dependence on fossil fuels. The U.S. imported 700,000 barrels of Russian crude oil and refined petroleum a day in 2021, directly or indirectly contributing to Putin’s war chest. With embargos now placed on Russia and gas prices spiking in the U.S., President Biden has urged places like Venezuela and Saudi Arabia to pick up the slack to meet our energy needs.
There’s never been a better time for private industry to step up to address the climate crisis. In this report, we examine the 25 highest-growth leaders in climate tech, from electric aviation to the future of farming.
Here are the Top 5:
Our data shows that high-growth companies are aggregated in biological engineering for sustainable farming and animal product alternatives, micromobility, and innovative engineering.