Growth Opportunities in the Global Climate Tech Market
Description
Growth Opportunities in the Global Climate Tech Market
The acute impact of climate change due to growing GHG emissions highlights the need for the technologies that can reduce said emissions while preparing the world’s population for a scenario in which international targets are not achieved. While mitigation technologies seek to reduce or offset GHG emissions, adaptation technologies prepare communities to deal with risks, creating sustainable and resilient infrastructure, economies, and services.
This report analyzes current trends shaping the global climate tech market and identifies leading companies in the industry, selecting 100 innovative solutions for in-depth analysis from a database of over 300 organizations. Some of the key climate tech clusters Frost & Sullivan has identified include:
Alternative fuels and feedstocks,
Circular economy platforms,
Sustainable food and crops,
Protection of nature and biodiversity,
Climate tech portfolios,
Infrastructure resilience and asset risk management,
Water transition technologies.
These cutting-edge companies, which are tackling climate risks across a variety of industry verticals and clusters with their innovative approaches and technologies, are analyzed according to proprietary and external frameworks and criteria, including:
The 6P Framework,
The UN’s Sustainable Development Goals, and
The EU taxonomy for sustainable activities.
Some of the key trends driving growth in the market include the increasing body of environmental regulation and the strengthening of net-zero targets, growing public investment led by initiatives such as the EU Green Deal Industrial Plan and the Green Climate Fund, and public awareness and demand for sustainable goods, which are in turn compelling companies to revamp their operations to fulfill these requirements, among other drivers that this report will dive into.
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