Climate tech investments now make up to 70% of the built world’s VC investment, up from just a fifth five years ago. This is according to a new report by A/O, a European built world VC investor, which found that despite a decrease in total investment this year, reflecting the global funding slowdown, investment in building efficiency grew 73%. Pressure to decarbonise the built world and accelerate the energy transition of the real estate and construction industry somewhat insulated decarbonisation firms from a difficult funding environment. The built world constitutes any human-made enclosures, spaces, structures, and infrastructure created to adapt the natural environment for human use.
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