Translations:Climate change mitigation/188/en

In the European Union, government-driven policies and the European Green Deal have helped position greentech (as an example) as a vital area for venture capital investment. By 2023, venture capital in the EU's greentech sector equalled that of the United States, reflecting a concerted effort to drive innovation and mitigate climate change through targeted financial support. The European Green Deal has fostered policies that contributed to a 30% rise in venture capital for greentech companies in the EU from 2021 to 2023, despite a downturn in other sectors during the same period.