Foreword

Since 2021, when PLANETech – a non-profit innovation community – and the Israel Innovation Authority – a government agency – collaborated to publish the first “Israel’s State of Climate Tech” report, much has changed, and the landscape has evolved significantly. The report not only documented the existing ecosystem but also helped establish a climate tech […]

Executive Summary

Climate change presents not only an urgent global challenge but also a significant economic opportunity. Extreme weather events, such as the recent fires in California, result in costs of hundreds of billions of dollars. Alongside this, the growing number of major companies pledging significant reductions in greenhouse gas emissions serves as a key driver of […]

Introduction

The need to tackle climate change has never been more urgent. With global temperatures persistently exceeding pre-industrial levels and increasingly frequent extreme weather events, the need for decisive and united action is clearer than ever. In June 2024, the global average surface temperature surpassed the 1.5°C threshold for the twelfth consecutive month, underscoring the escalating […]

Geopolitical Effect on Climate Tech

Showcasing Ecosystem Resilience Challenging times require quick adaptation, since 2022 Israel experienced a few major macroeconomic as well as geopolitical challenges. The global investment climate was affected by the sustained high interest rates, creating a tough fundraising atmosphere. On top of that, the political turmoil in Israel, followed by the outbreak of the war in […]

Methodology: Mapping Climate Technologies

Within the National ClimateTech Program, the Israel Innovation Authority, the PLANETech innovation community and other partners have been driving actions to strengthen and grow technology innovation in climate-tech in order to diversify the high-tech industry and tackle global climate challenges. The definition of ClimateTech is broad and has many interpretations, and so a clear definition […]

Israel’s Climate Tech Ecosystem

Climate Tech Startups by Climate Challenge The updated mapping of Israeli climate tech startups identified a total of 946 startups offering solutions to climate challenges, reflecting steady growth in the ecosystem. This represents an increase of 162 startups compared to the 784 climate tech startups identified in 2023. Among these, 49 startups were founded since […]

Israel ClimaTech National Program: A Strategic Vision for Global Leadership

Transforming Challenges into Opportunities Climate tech stands at a pivotal crossroads for Israel’s economy. As the world grapples with the climate crisis, the Israel Innovation Authority (IIA) is spearheading a strategic initiative to position Israel as a global Climate tech powerhouse. This effort aims to generate significant economic opportunities while addressing pressing environmental challenges. Rather […]

Summary and Look Ahead: Israel’s Climate Tech Ecosystem

As we move forward, the Israeli climate tech ecosystem stands at a pivotal moment. Building on a foundation of resilience and innovation, the following years offer both challenges and opportunities for growth. The insights and trends outlined in this report reflect the evolving dynamics of the sector, driven by multistakeholder collaboration and technological advancements. Entrepreneurs, […]