Introduction: As "carbon peak and carbon neutrality" becomes a hot topic, many domestic private equity funds (PE) and venture capital funds (VC) in China have begun to focus on the ”dual carbon field“ as a key direction, and equity investments in this area have become an important part of the primary market. Due to the lack of authoritative and consensus-based definitions for Climate tech investments and limited data sources for primary market equity investments, there is not much research on Climate tech venture capital. This report aims to track and study the development, current status, and trends of China's Climate tech field private equity and venture capital funds by synthesizing various public data and investor questionnaire feedback, providing a reference for investors interested in this field.
