'Extraordinary momentum': Climate fintech investment more than doubles to record $2.9bn

Stuart Stone
clock • 2 min read
Credit: Nattanan Kanchanaprat
Image:

Credit: Nattanan Kanchanaprat

Funding for climate fintech hit record levels in 2022 with investment in carbon accounting and offsetting startups increasing several times over

Climate fintech startups banked a record $2.9bn in new funding in 2022, as investment defied considerable economic headwinds to more than double on 2021 levels. That is according to new data from fintech...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Investment

Foresight Solar weathers shareholder continuation vote despite call for closure

Foresight Solar weathers shareholder continuation vote despite call for closure

A shareholder vote this week saw 24 per cent favour the solar investment fund being wound up

Beth Brearley
clock 14 June 2024 • 2 min read
 Highview Power raises £300m to develop Manchester long duration energy storage facility

Highview Power raises £300m to develop Manchester long duration energy storage facility

Firm secures funding from UK Infrastructure Bank, Centrica and other investors to develop 'UK's first' commercial scale liquid air energy storage facility

clock 13 June 2024 • 3 min read
Good Energy invests further £1.7m into EV charging solutions app Zapmap

Good Energy invests further £1.7m into EV charging solutions app Zapmap

New funding takes Good Energy’s total investment in Zapmap to £7.5m

clock 12 June 2024 • 2 min read