US Dominates Climate-Tech Investment as China Trails

Reported about 2 months ago

A recent BloombergNEF analysis reveals that the US has overtaken China as the top destination for climate-tech financing in the first half of 2024, despite a drop in total investments. The US attracted $6.7 billion, contrasting with China's $5.1 billion, emphasizing the influence of US climate policies like the Inflation Reduction Act in driving investor confidence amid a global downturn in such investments.

Source: YAHOO

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