Venture capital (VC) investment in climate tech declined globally for the third consecutive year.
However, energy and building technologies, particularly those tied to AI data centers, bucked the declining investment trend.
This surge was driven by the anticipated rise in energy consumption due to AI operations.
In 2024, several notable investments reflected the urgency to meet AI's growing energy needs sustainably.
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Bristol and Plymouth has been awarded the badge of “social enterprise cities”. The badge will also be given to four more cities as part of a scheme to lure investment into social businesses.