Wind in the Sails for Climate-Tech and Clean-Tech Startups

Palo Alto CA

31 March, 2021

6:46 AM

Description

By Louis Lehot*  The outlook for investments in the climate-tech and clean-tech sectors has never been brighter. With a newly inaugurated presidential administration installed in Washington, pandemic-led shutdowns worldwide demonstrating the impact of human activity (and inactivity), and government stimulus programs around the world incentivizing fossil fuel reduction, the outlook for the climate-tech and cleantech industries in 2021 and beyond has never been brighter. As the COVID-19 coronavirus pandemic continues to wreak havoc globally on our physical and mental health, governments globally are responding with unprecedented stimulus programs and corporate bailouts of impacted industries. While the industry has been idled, the one beneficiary has been our climate. As governments look to restart the economy, we expect that they will tie corporate bailouts to private industry commitments to achieve fossil fuel reduction, creation and use of renewable energy, and incentives for new clean and climate-protecting technologies. Never has the outlook for further investment in cleantech and climate-tech businesses been brighter. Read More