Amrith Ramkumar of The Wall Street Journal reports on the pressure that green startups face to make climate advances.
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- Last year around 1,200 green tech startups raised a record $45 billion.
- These startups include energy storage firms such as Energy Vault and battery companies like Freyr.
- Private sector financing and innovation are key to accelerating clean technologies.
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“Whether or not investors turn a profit, the cash could jump-start the transition away from fossil fuels if companies achieve breakthroughs for longstanding challenges in areas such as energy storage, sustainable products and supplies of raw materials.”
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Read the full article here.
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