Earth Day Survey: The Critical Role of Technology in Tackling Climate Change

Covid-19 and accelerating climate technology

Covid-19 accelerated the adoption of technology in many industries. It’s no different with ClimateTech. The pandemic has;

● Accelerated investment in air conditioning technology (25%)
● Increased likelihood of achieving sustainability goals (38%)
● Industry awareness (43%)

Almost half (44%) of ClimateTech executives say they have increased pressure on government to act, although they believe the pandemic has limited government’s ability to provide funding (33%).
ClimateTech leaders urge government to:

● Supporting tech companies fighting short-lived pollutants like CO2 (71%)
● Promotion of green innovations (61%)
● More investment in renewable energy (58%)
● Investment in sustainable transport (48%)
● Investments in green living and green urban development (56%)

Investment in our future

Community support

More than a third (35%) of respondents said they turn to other founders for help when seeking advice. Others contact:

● Events such as London Tech Week (25%)
● Startup programs such as Elevating Founders (28%)
● Communities like ClimateTech (28%)
● Accelerator programs (20%)

Stephen Murphy, leader of the ClimateTech Summit, former London Tech Week Conference, said: “From agri-tech to energy and urban development, technology is driving the way to negate the effects of climate change. We’ve seen an increase in competition as the pandemic accelerated investment in climate technology and drew more attention to the industry. The UK technology industry is at the forefront of solving this global problem.

“ClimateTech has a huge role to play in reversing the climate crisis and the race to Net Zero. We must invest in our planet and support the technology leaders that are enabling us to change the course of our future. Businesses, governments and citizens are all responsible and must come together to rewrite our future footprints on this planet.”