Global climate venture companies like Opower in the U.S., a provider of big data for energy conservation, or like ClimateWorks in Switzerland, which converts carbon dioxide into solid carbon for sale, or like Rubicon, also in the U.S., which creates resource circulation platforms, are all experiencing rapid growth. Globally, climate tech investment funds have grown threefold in two years, reaching $ billion in 2021.
Innovative technologies in the fields of environment, energy, agriculture, and geographic observation are being commercialized at an astonishing pace. This will provide challenging business opportunities for the young ITsavvy generation in Korea. The Bank of Korea is also making multifaceted efforts in response to climate change.