Climate Tech Job Market Faces Challenges, but Opportunities Remain
The climate tech job market is experiencing a period of adjustment as the impact of Trump-era policies continues to affect Biden-era clean energy incentives. Recent reports indicate a reduction in funding for clean energy projects and a slowdown in private investment in climate tech. However, industry experts suggest that job opportunities are still available for those willing to adapt and explore emerging sectors.
Henrietta Moon, CEO of Carbo Culture, emphasizes the expansion of climate tech beyond traditional energy sectors. “We’re seeing exciting developments in fashion, food, and finance,” Moon states. “These new climate technologies are crucial for economic decarbonization.”
For those looking to transition into climate roles, Emma Halls from Stem7 Executive Search advises focusing on broader skill acquisition. “Gaining expertise and professional skills is key,” Halls explains. “Climate roles often require a diverse set of competencies.”
Juan Muldoon of Energize Capital points to tried-and-tested markets like solar as areas of opportunity. “Construction, engineering, and finance roles in economically competitive technologies like wind and solar remain strong,” Muldoon notes. He stresses the importance of targeting resilient industry sectors.
Amid an ESG spending pullback, Iris Bardon from Greyparrot suggests mastering transferable digital skills. “Data interpretation, stakeholder management, and communication are crucial in this evolving landscape,” Bardon states.
Clara Ricard of Transition highlights the growing demand for climate risk prediction technologies, particularly in light of recent wildfire events. “AI applications in manufacturing and energy efficiency are becoming increasingly important,” Ricard explains.
Caroline Grey from Treefera advises job seekers to consider climate-adjacent roles. “Startups intersecting climate with other industries offer unique opportunities,” Grey says. She emphasizes the importance of scientific education and adaptability to regulatory changes.
As the climate tech sector continues to evolve, job seekers are encouraged to remain flexible and explore opportunities across various industries that intersect with climate solutions.