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US Leads the Way in Climate-Tech Funding, as China Falls Behind

News Renewables

US Leads the Way in Climate-Tech Funding, as China Falls Behind

By Bloomberg

Aug 15, 2024

image is BloomburgMedia_SI9XHJDWRGG000_16-08-2024_06-49-11_638593632000000000.jpg

Companies in the US raised $6.7 billion, down from $9.8 billion in the first six months of 2023.

(Bloomberg) --

Companies in the US raised $6.7 billion, down from $9.8 billion in the first six months of 2023. But that still topped investments in China, where climate-tech companies raised $5.1 billion in the first half of 2024, down from $14.5 billion during the same period last year.

US importance in the sector will

©2024 Bloomberg L.P.

By Michelle Ma

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