According to the United Nations, avoiding the worst impacts of climate change could cost $4.3 trillion a year by 2030. Corporate investment in climate tech is estimated to be more than $40 billion in 2022, with a large percentage coming from corporate venture arms. According to data from Dealroom.co, energy has been the most invested in and fastest growing segment in climate technology in 2023. Companies should look for investments that help them break into new markets, new segments of the value chain, or help to future-proof existing assets so that the risk-profile and shareholders’ tolerance for returns do not have to be the same as their core businesses. However, as more capital-intensive markets like EVs mature, investments may not always take the form of a ​lump sum. Shell’s venture arm investment in early-stage direct air capture and its partnership with DAC startup Avnos are examples of companies that provide strategic global platform to scale.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
