The most encouraging signal on climate to me is that the “money” seems to finally be waking up. ESG policies - backed by data monitoring requirements to combat greenwashing from sovereign wealth funds are real, arduous, and creating business and capital incentives with environmental alignment. Early stage climate tech funds - of which their are many today where there were few even a few years ago - are giving a new g…
An interesting fact in this vein is that by some estimates 14% of all venture capital is going towards climate tech [0]. Its a pretty broad category and really a hard number to pin down but it is still encouraging. They define "climate tech" as something that:
1. Directly mitigate or remove emissions
2. Help us to adapt to the impacts of climate change
3. Enhance our understanding of the climate.
[0] https://www.pwc.com/gx/en/services/sustainability/publicatio...