Globalization in Climate Tech

Globalization in Climate Tech

Author: Hugo Rauch November 20, 2025 Duration: 16:42

Today on New Wave Weekly:

Sightline Climate just released the Globalization in climate tech report (download it here). I sat down with Julia Attwood, Head of Research at Sightline, to chat about the key takeaways for European investors.

👉 Europe is committed to climate tech, but still missing the big checks

Europe matches the US in number of deals and early-stage activity… so why are growth-stage rounds 31% smaller? Are we losing momentum at exactly the wrong moment?

👉 Policy is Europe’s superpower

From the EU ETS and CBAM to the Clean Industrial Deal, Europe is quietly building the world’s most durable decarbonization incentives. Is this the “carbon price flywheel” moment?

👉 Project deployment: Europe takes the lead

55% of the global announced green cement capacity is in Europe, and 70% of what’s actually under construction. Industrial decarbonization is becoming a real market.



This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit newwavenewsletter.substack.com

Hugo Rauch hosts New Wave, a podcast that lives at the intersection of business ambition and scientific reality. This isn't about distant predictions or abstract science; it's a grounded exploration of the technologies and companies being built right now to address our environmental future. Each episode focuses on the practical journey, dissecting the models, the breakthroughs, and the hard decisions that define the climate tech landscape. You'll hear from founders, researchers, and investors who are actively shaping this space, getting into the specifics of what works, what doesn't, and why. The conversations move beyond hype to examine the tangible mechanics of creating viable solutions, from energy storage and sustainable materials to carbon removal and regenerative agriculture. It’s for anyone who thinks about the climate challenge not just as a crisis, but as a complex and urgent field of innovation. By tuning into this podcast, you gain a clearer understanding of the economic forces and scientific principles driving the next generation of environmental solutions. New Wave connects the dots between the lab, the boardroom, and the impact we need to see in the world, offering a sober yet optimistic look at where substantive progress is truly being made.
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