Venture Capital’s Biggest Climate-Tech Blind Spot Is Adaptation

Climate tech venture capital funding has increased dramatically over the last decade, but one sector is consistently overlooked: adaptation.

Startups focused on preparing for the impacts of climate change only received 7.5% of global climate tech funding during the period of 2019 to 2020, according to a new report from the Oxford Climate Tech Initiative in partnership with the Skoll Centre at Oxford.

The research mirrors recent findings from the United Nations Environment Program, which found a global funding shortage of up to $366 billion for projects that could help society adapt to climate change.

Adaptation solutions are an important ...