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Infographic – Global Climate Technology Hubs

Chart: climate tech hubs

Click on image for full-size view (Statista)

3 Oct. 2020. While the Covid-19 pandemic dominates the news and public attention, the climate crisis continues to disrupt the daily lives, communities, and businesses worldwide. Wildfires and more frequent severe storms, for example, are draining the resources of states, cities, and entire countries, while they try to respond to unprecedented demands of Covid-19.

Venture investors continue to explore opportunities with start-up enterprises developing technologies addressing climate change, according to a report issued in late September by the consulting firm PwC, with data from the report displayed last week by the business research company Statista. The PwC report shows, from 2013 to 2019, venture investors placed some $60 billion worldwide in early-stage companies developing technologies tackling net-zero carbon emissions. Favored sectors by venture investors include mobility, transportation, food, agriculture, land use, and energy.

The report also highlights where the investments were made, with the geographic hubs or clusters attracting the most investments, this weekend’s infographic. The top climate technology hub is the San Francisco Bay region, home to top research universities, national laboratories, and Silicon Valley, attracting some $11.7 billion. But the data also show China’s emergence as a climate technology developer, with clusters in Shanghai and Beijing attracting $7.5 and $6.6 billion respectively.

In the U.S., companies in or near Los Angeles received $3.5 billion over this period, while Boston area companies attracted $2.1 billion. The Chinese hubs of Guangzhou, Nanjing, and Hangzhou each attracted between $1 and $2 billion.

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