Climate Tech Booms: Investments to Hit $79.45B by 2029 with Jobs Soaring in Sustainability Sector

February 22, 2025
Climate Tech Booms: Investments to Hit $79.45B by 2029 with Jobs Soaring in Sustainability Sector
  • Within this domain, more than 720 companies are actively engaged, reflecting a growth rate of 3.94%, which underscores the increasing importance of sustainability efforts.

  • The climate tech investment landscape is thriving, backed by over 12,200 investors who have completed more than 19,900 funding rounds, with an average investment of USD 61.5 million per round.

  • This sector is projected to experience significant growth, with estimates suggesting an increase from USD 32.49 billion in 2025 to USD 79.45 billion by 2029, translating to a compound annual growth rate (CAGR) of 25.0%.

  • Innovation remains a key driver in the industry, with over 1.95 million patents filed and 6,900 grants awarded, showcasing a 2.58% annual growth rate in patent activity.

  • Major investors such as Societe Generale, BNP Paribas, and the European Investment Bank have collectively contributed around USD 28 billion to the climate tech sector.

  • The climate tech sector currently employs over 2.8 million people, having added 159,400 new jobs in the past year, indicating a robust job market.

  • The climate tech market has generated over 70,200 publications in the past year, highlighting significant media and public interest in sustainability technologies.

  • Key cities propelling this market forward include London, New York City, Washington, San Francisco, and Melbourne, alongside countries like the US, UK, India, Canada, and Australia.

  • Environmental monitoring and energy transition are critical trends within the sector, employing 147,600 and 889,900 people respectively, which illustrates the broad scope and rapid expansion of climate tech.

  • Notable startups making waves in the industry include The Surpluss, NaturAll Carbon, Sangti, DecarbAI, and Bluebird Climate, each focusing on various aspects of climate innovation.

Summary based on 1 source


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Source

Climate Tech Market Report 2025 | StartUs Insights

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