Funding for Climate Tech Plummets 40% in 2024 as Investors Shift Focus to AI

In a striking turn of events, the climate tech sector experienced a dramatic decline in funding, dropping by 40% in 2024, according to recent industry reports. This sudden downturn coincides with a notable surge in investment in artificial intelligence (AI), prompting concerns about the sustainability of climate initiatives amidst growing interest in AI advancements.

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