Webinar recap - Barriers to Scaling Climate Tech
Part of UK Tech Week, techUK hosted a webinar with Charlie Mercer, Policy Director, StartUp Coalition and Buffy Price, COO, CarbonRe to explore the barriers to scaling climate tech.
With the UK Government's modern industrial strategy nearing delivery, supporting climate tech firms driving innovation and achieving net zero has never been more crucial.
However, barriers to scaling, including access to capital, competitive regulation and the right talent pipeline continue to hinder the growth of these businesses.
Key takeaways from the webinar include:
- Ahead of the Spending Review, the UK Government has an opportunity to back these businesses, i.e., by extending the Net Zero Innovation Portfolio.
- In a financially contrained environment, the UK Government should leverage its existing resources and implement cost-effective changes that deliver a substantial impact, i.e., using regulatory sandboxes sandboxes and test beds for climate tech scale-ups to test out regulations for new innovative products and services.
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The UK Government has, and must, remain consistent with its Net Zero commitments. But policy must be backed by more detail on delivery - the industrial strategy is an opportunity for this.
Rewatch the full webinar here:
Led by StartUp Coalition, since 2022, the ClimateTech Policy Coalition has published annual reports outlining short-term opportunities for the Government to scale technologies that can combat climate change. Read the latest report here. Its mission is to help unlock a low to no carbon future of green growth fuelled by British innovators and entrepreneurs.
CarbonRe is a powerful AI-powered industrial decarbonisation solution that efficiently handles the complex relationships in clinker production and enables significant fuel efficiencies.
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By 2030, digital technology can cut global emissions by 15%. Cloud computing, 5G, AI and IoT have the potential to support dramatic reductions in carbon emissions in sectors such as transport, agriculture, and manufacturing. techUK is working to foster the right policy framework and leadership so we can all play our part. For more information on how techUK can support you, please visit our Climate Action Hub and click ‘contact us’.
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