The Climate Fintech report found that every region saw accelerated funding. Though LatAm and APAC did not see much funding, it was still considerably more than other investment sectors. Meanwhile, North America saw $640million raised, while Europe secured just below $1billion.
The environmental, social and governance (ESG) regulatory space has vastly developed over the last few years. With consumers putting such an onus on this, more startups have tailored their products to cater to ESG. According to the report, the number of startups supplying digital assets solutions has increased from 46 to 72. Furthermore, 225 startups in total are classifying themselves as ESG data and analytics solutions.