Building the next generation of cleantech champions
Bringing the UK’s cleantech and policymaking communities together to supercharge cleantech innovationGet the Executive Summary
Why Cleantech for UK
The UK is home to a mature cleantech ecosystem, a thriving innovation scene and strong overall investment. It is one of the most important markets for cleantech globally, with 2022 VC investments breaking records for a second consecutive year.
However, this world-leading capability is not consistently converted into world-leading cleantech scale-ups. Smart, targeted interventions aimed at boosting early stage innovation, de-risking first commercial projects and making cleantech work for the whole country can supercharge UK cleantech, paving the way for a new generation of global technology champions.
As countries around the world move to enact ambitious measures aimed at boosting cleantech growth, we must act now to secure continued climate leadership and a better, prosperous future for all
Cleantech for UK is a new initiative to establish a dialogue between the UK’s policy-making community and those living the reality of creating, incubating, investing in and scaling cleantech companies
Invested in UK Cleantech 2022
Investment in UK Cleantech by Sector (2022)
The UK is one of the most important markets for cleantech globally
Top deals of the year were dominated by Energy & Power and Transport & Logistics.Get the Executive Summary
Materials and Chemicals and Resources & Environment grew in 2022 for a diversified landscape, with deals in nanomaterials, carbon capture and waste management.
Our executive summary
To fulfil climate goals and maintain competitive advantage in the face of increasing global ambition, the UK needs to bring forward a new generation of global cleantech champions. But the UK’s excellent R&D and strong cleantech investment scene has not yet translated into lasting results.Get the Executive Summary
Supercharging UK cleantech innovation in four steps
Better commercialisation of innovation, focussing on spin-out and scale-up
Deploying new models to turn innovation into impact, from novel cleantech incubation and acceleration strategies to commercial de-risking and securing demand for cleantech solutions, will accelerate UK cleantech scaleup
Stable, long-term policy signals and regulation
Long term demand signals are needed to provide certainty to encourage innovators and investors to enter cleantech markets.
Forward thinking, principles-based regulation which keeps up with the pace of innovation will enable faster growth
Strengthen cleantech ecosystem connections within the UK and abroad
Better synergies between different parts of the ecosystem will unlock new investments, boost regional initiatives and increase bargaining power on the global stage
Ensure all parts of value chain for development and deployment of cleantech
The UK cleantech ecosystem must ensure the entire value chain for cleantech solutions is well developed, including customers, suppliers, infrastructure, and logistics to connect supply and demand