A lot has happened since the first clean tech boom. Solar energy is now as cost-effective as fossil fuels and Electric Vehicles (EVs) can last 300+ miles on a single charge.
However, this growth has come added complexity: new technologies are emerging across sectors, geographies, and stages of development. For those operating in climate tech, the landscape can be hard to navigate and require deep technical knowledge.
That’s where our Climate Tech Taxonomy comes in. Designed to make sense of a rapidly evolving ecosystem, the Taxonomy offers a structured approach to categorizing climate solutions. The aim is to help climate tech stakeholders – investors, founders, policymakers – see through the noise and make more informed, data-backed decisions.
Why a Climate Tech Taxonomy?
No silver bullet exists for tackling the climate crisis. Each sector presents unique challenges, and many areas of climate tech are still at the early stages. The Taxonomy is a granular framework that guides users in understanding the different innovation pathways that could address specific climate problems. This layered approach gives users a framework for quickly identifying market trends, gaps, and opportunities, and brings order to what’s often an overwhelming landscape.
Key benefits
- Simplified view: By breaking down the climate tech landscape into digestible categories, the Taxonomy turns a convoluted space into something easy to understand and navigate.
- Structured Data: It organizes data in a way that helps users access information relevant to their focus, so they can quickly zoom in on what matters.
- Actionable insights: Highlighting trends, gaps, and potential market opportunities enables investors, researchers, and policymakers to make decisions backed by data.
How is it organized?
The Taxonomy is structured around core climate change challenge areas. Users can get a birds-eye view of the climate tech landscape and dive deeper into specific challenge areas, technology types, or business models.
How to use The Climate Tech Taxonomy
Users can use the Taxonomy to explore innovation categories and segment markets according to their specific needs. This could be based on technologies, business models, or applications.
1. Discover Solutions
Take ‘Energy,’ for instance – if your interest lies in hydrogen tech, the Taxonomy lets you dig into areas such as hydrogen technology or colour, so you can uncover emerging innovations tailored to your focus. In this case, we’ll explore different hydrogen technologies, including fuel cells, electrolysis, methane pyrolysis, and plasma gasification.
2. Pick an innovation pathway
Once that’s done, you can zoom in on areas of interest to gain deeper insights. Say you’re zeroing in on electrolysis. Here, you can explore innovations in electrolyzer feedstocks or new developments in efficiency. This drill-down functionality helps pinpoint exactly what’s driving change in specific niches.
3. Deep dive into specific solutions
If you choose to focus on, let’s say, electrolyzer efficiency, the taxonomy presents two distinct pathways to achieve this objective:
- electrolyser technology
- electrolyser monitoring
The electrolyser technology pathway shows different hydrogen production methods, while electrolyser monitoring features solutions like leakage detection systems.
4. Gain market insights
Looking further into electrolyzer tech? The Taxonomy’s layers reveal a list of companies and organizations working in this space, along with the market and funding data essential for understanding the competitive landscape.
This is just one of many use cases of the Taxonomy. Book a one-on-one session to learn how our platform can streamline your climate tech research, from discovering emerging players to tracking market trends and understanding funding dynamics.
