Why we have to rethink climate tech investment for long-term impact

Dr. Emre Eren Korkmaz, founder and director of Oxford Centre for Technology and Development. Photo: press image.
14 apr. 2025
10:15
The climate crisis is not just an environmental challenge – it is an economic and political one that demands systemic transformation.

Bold, systemic solutions are needed, yet many climate tech innovators struggle to secure funding under a system that prioritises rapid financial returns over long-term impact.

This has to change, argues Dr Emre Eren Korkmaz from the University of Oxford in a guest column for Impact Loop.

The VC-driven approach to climate tech mirrors the broader startup ecosystem: rapid scaling, aggressive fundraising cycles, and a focus on exits. Yet, the unique nature of climate tech makes this model particularly problematic.

Unlike software startups that can achieve product-market fit quickly, climate tech requires long development cycles, regulatory approvals, and significant infrastructure investment.

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