As part of a series of research on climate change transformation, an Ernst & Young study of 150 global companies found that 90% of those surveyed were undertaking climate change initiatives, with disclosed financial commitments totaling US$276 billion over the next ten years. Another Ernst & Young study(1) revealed that 35% of corporate venture capital programs will increase their investments in cleantech companies next year and 44% within the next five years, supporting the finding that corporations are accelerating their climate change response. A third Ernst & Young study(2) showed that 51% of institutional investors globally always or sometimes consider a company's climate change response when considering investment in a new issue.
This accelerated corporate response to climate change is reflected in global venture capital investment trends. Ernst & Young's Venture Insights(R) reveal that as a proportion of global venture capital investment, cleantech has grown rapidly - up from just 1.6% of total investment in 2003 to 11% in 2008...















































