Main partners Other Impact partners Dealroom.co is a global intelligence platform for discovering andtracking the most promising companies, technologies and ecosystems. ImpactCity The Hague is a leading European ecosystem fororganisations that combine 'doing good and doing business'. Wefacilitate innovative entrepreneurs in starting and scaling up theirbusinesses. Knowledge partners Microsoft Entrepreneurship for Positive Impact provides supportmission-driven companies working towards the UN SDGs, helpingthem to expand their businesses and amplify their influence throughcarefully crafted programs. What you need to know Strong global slowdown in impact VCfunding despite the need for a massiveacceleration on SDG progress. Climate tech dominates The US and Europe are practically on paras leaders by Impact VC funding thisyear. Climate-related SDGs attract, by far, the vastmajority of impact investment.On the other hand, startups addressingsocial-related UN SDGs are underfunded. The US has now reclaimed the top spot it hadlost to Europe last year but Europe remains theregion with the highest share of impact funding(28% vs 10%). Impact startups have raised $33B in 2024 so far,a projected 28% drop from the previous year.This has been worse than the global VC capitaldecline of 4% during the same period. Several Climate Tech segments are among thefastest growing venture capital segments suchas green steel, solar energy, lithium mining,carbon accounting and industrialelectrification. Since 2020, only 10% of climate adaptationfunding has reached low-income countries. Notonly do these countries suffer from moreclimate disasters while contributing to less than1% of global emissions, but they are affected10x harder than wealthier ones. This drop is especially worrying since none ofthe 17 goals is on-track to be achieved by 2030. In addition, Impact startups are still worth acombined $2.4T, with private value almosttwo-fold that of 2021. Climate tech VC funding is down 30% from lastyear, but PE, project finance and debt are fillingthe gap. 1Investment overview 2Spotlight themes3Geographic analysis and climate justice4Impact jobs in the Netherlands Impactcompanies arenow worth$2.4T, a slightdecline from the$2.7T peak in2021 howeverprivate value isalmost two-foldthat of 2021. In 2024, $33Bwas directed toimpact fundingso far, projectedto reach $37B byyears end. As an industry, Impact is the 3rd most funded in 2024 globally but shows moredecline than most other top industries and seven-fold the global average rate. The US and Europe are practically on par as leaders by Impact VC funding thisyear, but the US has reclaimed the top spot it had lost to Europe last year. Slower impact investments are especially worrying because SDGs are slipping outof reach. None of the 17 goals is on-track to be achieved by 2030. All 17 SDGs are far from being on track for 2030 objectives.Only a handful of subsidiary targets for any goal are evenclose. Progress on more than 50%of targets of the SDGs isweak and insufficient; on 30%, it has stalled or goneinto reverse. These include key targets onpoverty, hunger andclimate.“ Unless action is taken now,the “2030 Agenda couldbecome an epitaph for a world that might havebeen”- UN Secretary-General António Guterres Goal #10: Reduced inequalities is one of the most important but worst performingSDG. SDG 10 is one of the poorest-performing goals, with 26individuals holding as much wealth as half the world'spopulation. Progress is hindered by thecomplexity of its targets, which cover income growth,social inclusion, equal opportunities, and financial regulation. Despite efforts, thegapbetween rich and poor continues to widen, worsened by conflicts and naturaldisastersthat disproportionately affect vulnerable groups. A major issue hindering SDG 10 is that reducing inequality depends on advancementsin other SDGs which can help redistribute wealth and reduce economic disparities.Simultaneously,SDG 10 is also crucial for achieving other goalslike reducinghunger, improving health, expanding education, promoting gender equality, andfostering peace. Inequality is also closely linked with climate action.Policymakers aiming to meetGHG emission targets must ensure that marginalized groups are not overlooked, astheshift from fossil fuels will change wealth distributionwhile creating newopportunities through climate regulations and technology. 272 Impactcompaniesfounded since2000 havereached Unicornstatus. 9 were minted in2024 so far. Climate Actionand Affordable &Clean Energy areby far the mostfundedSustainableDevelopmentGoals. 1Investment overview 2Spotlight themes 3Geographic analysis and climate justice 4Impact jobs in the Netherlands Climate techstartups areprojected toraise $35B thisyear, a 30% dropfrom theprevious yearbut abovepre-pandemiclevels. Looking beyondequity, ClimateTech companiesare also raisinglarge amounts ofdebt, PE, andproject financingtotalling $54B in202