October 14th, 2024
Climate Innovation Ecosystems in Latin America and Carribean
This report, authored and prepared by Briter in partnership with EIT Climate-KIC, the European Union and Salesforce, provides a comprehensive mapping and analysis of the current state of the climate tech landscape across LAC. It is a vital resource designed to help investors, policymakers, and Entrepreneurship Support Organisations (ESOs) understand funding trends, core product developments, and the opportunities within the climate tech sector
Key findings:
- Brazil accounts for 38% of the total funding, followed by Chile and Mexico.
- Food and agriculture is the largest sub-sector of climate tech, addressing growing production demands and the need to optimise yields sustainably.
- While funding is growing, it is not keeping pace with other sectors, creating an opportunity for early and growth-stage investors in this relatively underfunded market.
- Entrepreneurs face challenges in achieving financial sustainability and frequently experience limited access to capital and insufficient expertise.
- Equity remains the primary funding instrument, though debt is emerging as a suitable mechanism for funding climate innovations.
Download the full "A Glimpse into Climate Innovation Ecosystems" report now to gain valuable, data-driven insights, uncover investment opportunities, and develop a comprehensive strategy for advancing climate solutions in Latin America and the Caribbean.