Auditing and consulting firm PwC Germany has made an investment in World Fund, one of Europe’s largest dedicated climate tech VC, which is raising €350 million to invest in European climate tech startups that have the potential to save at least 100Mt CO2e per year.
PwC Germany is joining many other business luminaries as a World Fund investor. Launched in 2021, the fund was founded to source and support the next generation of climate tech companies tackling the most pressing issue of our time.
World Fund’s strict criteria for investment aims to back companies using technology to directly reduce emissions not only to help achieve the world’s climate goals faster but also because startups that can deliver this decarbonisation will be the most valuable companies of the next decade. In order to find these startups, World Fund’s team of experts has come up with a climate performance potential, or CPP, assessment to gauge a startup’s ability to assist in the fund’s goal of reducing emissions.
