@misc{35189,
  keywords = {investment, Clean-Tech},
  author = {Jing Ge and Sumedha Bhat and Jingjing Zhang and Nan Zhou},
  title = {Mobilizing Key Stakeholders to Accelerate Climate-Tech Innovation and Investment},
  abstract = {<div>Executive Summary&nbsp;</div><div>According to a 2021 International Energy Agency (IEA) report, to reach net zero emissions by 2050, annual</div><div>clean energy investments worldwide must more than triple to about $4 trillion by 2030. Cleantech, or climate</div><div>technology investments, went through a boom and bust in the Cleantech 1.0 period (2006-2011) [1]. Since</div><div>2016 we have started to live in the Cleantech 2.0 era. New commitments from governments, countries, cities,</div><div>businesses, and investors, along with increasing consumer engagement, have driven venture investments in</div><div>climate technology. Investments increased from $418 million per annum in 2013 to $16.3 billion in 2019, then</div><div>reached an all-time high of $17 billion in 2020.</div><div>&nbsp;</div><div>Based on interviews with 50 stakeholders in the clean technology ecosystem, including financiers,</div><div>government agencies, national labs, family offices, accelerator programs, nonprofits, trade organizations, and</div><div>corporate entities, this study has identified new drivers for private as well as government investment in</div><div>Cleantech 2.0. The interviews support the following conclusions.</div>},
  year = {2022},
  month = {03/2022},
  language = {eng},
}