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A VALUE CREATION LABS REPORT

Capturing Climate Tech Opportunity in 2024
U.S. Startup Landscape

Climate technology is at the forefront of the global effort to combat rising greenhouse gas emissions and mitigate the impacts of climate change. As the world pushes toward its 2050 carbon reduction goals, innovation in this space is critical. The International Energy Agency (IEA) projects that half of the required emissions savings will come from new technologies such as advanced energy storage, carbon capture, and sustainable materials. Meanwhile, scaling existing innovations like solar energy, wind power, and electric vehicles will account for the other half.

In this report, we explore the dynamic US climate tech startup ecosystem in 2024—where innovation is thriving, and groundbreaking solutions are shaping the path forward. From venture capital trends to the emergence of key regional hubs, this report provides a comprehensive look at the forces driving climate tech. Discover the subcategories leading the charge and learn how startups are closing the gaps in workforce education, consumer services, and software platforms.

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