From Yahoo Finance: 2025-06-03 11:29:00

Barclays has mobilized over $687 million in climate tech investments since 2020, enabling $274 million of its own equity and $412 million through third-party investments. The bank has led or co-led 61% of funding rounds and aims to invest half a billion pounds into climate tech startups by 2027.

The investments aim to address growth-stage financing gaps for climate tech companies. Steven Poulter, head of Barclays Climate Ventures, emphasizes the importance of climate tech in delivering the next generation energy system, supporting a resilient economy with affordable energy, and diversifying energy supply.

Barclays Climate Ventures has backed over 20 companies focused on climate innovation and prioritizes investments in scalable technologies that can aid the clean energy transition for high emitting sectors. The bank also offers support to startups through its in-house climate tech escalator, helping them develop and scale their products.

Barclays’ impact report follows the departure of Group Head of Sustainability Laura Barlow in January. The restructuring coincided with increased scrutiny on banks and financial institutions over their sustainability efforts, especially in the U.S.



Read more at Yahoo Finance: Barclays mobilized over $687M in climate tech investments since 2020: report