According to the International Energy Agency, 50% of the technologies required to achieve net zero emissions by 2050 are still in early development stages. This underscores ‘uncertainty’ and imminent need of innovation. This is where start–ups and entrepreneurs play a significant role completing the missing puzzles. However, a significant funding gap exists at the pre–seed and seed stages in emerging economies, posing challenges for developing and scaling new technologies essential for the net zero transition.
In Southeast and East Asia, climate tech start–ups are crucial for creating green jobs and fostering inclusive growth. Their innovations, driven by grassroots entrepreneurship and technology transfer from inbound companies, require collaboration among governments, start–up companies, value chain businesses, international organizations, and investors.
This session addresses the current status of the regional climate tech development, discussing success cases and the bottlenecks facing start–ups and investors with key market players.
