PwC: Investment in UK climate tech defies 'global decline' to reach £4.5bn

Stuart Stone
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

Funding for UK-based climate tech companies rises by almost a quarter as firms attract more than a fifth of global AI-related climate tech investment, PwC finds

Investment in the UK's climate tech sector grew by 24 per cent to a total of £4.5bn in 2024, according to PwC's latest Global State of Climate Tech report. The consultancy giant said the positive trend...

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

Stuart Stone
Author spotlight

Stuart Stone

View profile
More from Stuart Stone

Drax inks £20bn deal to develop GW-scale data centre at biomass power plant

Volvo's Karin Svensson: 'It is important to show that change is happening'

More on Investment

'Losing momentum': Climate progress stalls for first time in six years at leading financial institutions
Investment

'Losing momentum': Climate progress stalls for first time in six years at leading financial institutions

CPI's latest Net Zero Finance Tracker warns the share of assets held by institutions progressing towards climate targets has declined over the past year

Amber Rolt
clock 04 November 2026 • 4 min read
'Mixed signals': Only five countries have active deadlines to phase out fossil fuel subsidies
Investment

'Mixed signals': Only five countries have active deadlines to phase out fossil fuel subsidies

Recent emissions trends 'particularly far' from alignment with Paris Agreement goals, new study warns

Stuart Stone
Stuart Stone
clock 03 November 2026 • 4 min read
Study: Small businesses worldwide face $1.1tr green finance gap
Investment

Study: Small businesses worldwide face $1.1tr green finance gap

SMEs estimated to require huge increase in investment in energy efficiency, clean technologies, and climate adaptation measures to maintain competitiveness, but green loans remain hard to secure

BusinessGreen staff
BusinessGreen staff
clock 03 November 2026 • 3 min read