SVB – Future of Climate Tech, 2025

The main theme of the report concerns the state and future of technologies related to climate change by 2025.

Key findings include: The climate tech ecosystem is generally healthy despite a slowdown in funding, prompting companies to focus on capital efficiency. U.S. climate policy is weakened, necessitating more active implementation of cost-effective climate technologies. Climate change is already having tangible impacts, manifesting as natural disasters and economic losses. Existing technologies, such as wind and solar energy, continue to expand and remain the cheapest sources of energy. Venture investments in climate technologies remain strong despite a decline from the 2021 peak.