'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

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

BSI launches net zero transition planning framework for banks and financial institutions

BSI launches net zero transition planning framework for banks and financial institutions

ISO 32212 to provides banks, insurers, asset managers, and asset owners with guidance on how to translate climate ambition into action

Stuart Stone
clock 04 June 2026 • 3 min read
'World first': Ecobank nature bond raises $450m for biodiversity projects in Africa

'World first': Ecobank nature bond raises $450m for biodiversity projects in Africa

Strong investor demand sees Nature Bond secure $1.36bn orderbook to support sustainable farming and water ecosystem projects across 24 African markets

Michael Holder
clock 03 June 2026 • 2 min read
Nest commits £200m to climate technologies through IFM partnership

Nest commits £200m to climate technologies through IFM partnership

Scheme claims investment will builds on its ambition to increase its private markets allocation to 30 per cent

Holly Roach, Professional Pensions
clock 03 June 2026 • 2 min read