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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.