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India ranked 9th in world’s top 10 for Climate Tech Investment, United States Tops

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India among world's top 10 for climate tech investmentIn accordance with the report ‘Five years on: Global climate tech investment trends since the Paris Agreement’ by London & Partners, and Dealroom.Co, India ranked 9th in the list of top 10 countries for climate technology investment from 2016 to 2021. Indian climate tech firms received USD 1 billion in venture capital (VC) funding in this period.

  • The report analyzed the trends in the climate sector since the 2016 United Nations Conference of Parties (COP) in Paris, France.
  • The list has been topped by the United States (US) with USD 48 billion which is followed by China USD 18.6 billion investment.

Table showing Top 10 countries in Climate Tech Investment:

RankCountryAmount (USD)
9India1 billion
1United States (US)48 billion
2China18.6 billion
3Sweden5.8 billion
4United Kingdom (UK)4.3 billion
5France3.7  billion
7Canada1.4 billion
8The Netherlands1.3 billion
10Singapore700 million

Key Points:

i.Overall, global climate tech VC investment increased from USD 6.6 billion in 2016 to USD 32.3 billion in 2021.

  • It represents 9 times more investment compared to 2016 when the Paris Agreement was signed

ii.This VC is hugely backed by the global tech industry. The investment levels in 2021 have already exceeded 2020 for global climate tech investment.

iii.Europe is the fastest-growing region globally for climate tech, with European VC investment into climate tech firms are seven times higher this year than in 2016 (up from USD 1.1 bn to USD 8bn).

  • London is one of the world’s most advanced ecosystems for climate tech, with its start-ups raising USD 3.3 billion since 2016, accounting for 1% of Europe’s total.

Recent Related News:

According to a report ‘Global Trade Outlook’ by UK’s Department of International Trade, India is going to become the world’s 3rd largest importer by 2050 with a 5.9% share of global imports. Top two positions were occupied by China and the United States (US).

About London & Partners:

Chief Executive Officer (CEO)– Laura Citron
Headquarter– London, United Kingdom (UK)