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Quotes:
- To achieve net-zero carbon emissions by 2030, we have to increase the amount of capital invested in climate tech by 590 percent, says Daria Saharova, managing partner at VC World Fund, a European venture capital firm specializing in climate tech.
- The good news? “Europe is leading the world in patent applications for climate technology,” she says.
- Forty-eight percent of VC investment in 2022 was into mobility technology, such as e-scooters. Mobility accounts for only 15 percent of emissions, while more polluting industries like manufacturing, food and agriculture, and the built environment are underfunded.
- “Eighty-five percent of emissions receive only 52 percent of funding,” according to Saharova.
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