The news: A coalition of over 20 VC firms launched the Venture Capital Alliance (VCA) Tuesday to increase investments in climate tech.
The macroeconomic context: After soaring levels of investment between 2020 and 2022, VC interest in climate tech has taken a hit in 2023.
The problem is that worsening climate fallout won’t wait for economic conditions to improve.
Connecting the dots: Climate change has significant implications for business, but its global impact makes it difficult for some to see the ROI on climate tech investments.
First Published on Apr 27, 2023
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