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PwC comments on the launch of the Breakthrough Agenda and Glasgow Breakthroughs

05 November, 2021

Emma Cox, Global Climate Leader, PwC UK, reacts to launch of the Breakthrough Agenda and Glasgow Breakthroughs:

“We welcome the launch of the Breakthrough Agenda and Glasgow Breakthroughs this week by the UK government. Climate tech will be an important tool to help society transform to net zero, and continued public-private collaboration is needed to accelerate its uptake. We’ve seen incredible interest from investors in climate tech, with more venture capital and private equity investment deployed in 2021 than ever before, in excess of $60 billion - but this isn’t enough. 

“Investment is not yet at the scale needed, and crucially is not yet sufficiently targeted towards the areas of highest emissions reduction potential. To take climate tech to the next level and support global efforts to meet the goals of the Paris Agreement, we need all stakeholders - investors, governments, and entrepreneurs - to work together to accelerate action, particularly in the hardest-to-abate sectors.”

ENDS.

About PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 156 countries with over 295,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.

About PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 156 countries with over 295,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at PwC.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see how we are structured for further details.

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Sian Gentle

Sian Gentle

Manager, media relations, PwC United Kingdom

Tel: +44 (0)7715 484 884

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