Rachel Delacour, founder of Sweep

Analysis

August 4, 2023

America’s IRA set off a global race to scale climate tech — here’s how Europe can gain ground

What policy changes would climate tech founders and investors implement if they were in office? Sifted asked several speakers ahead of the Summit

Sophie Rowe

4 min read

Good policy can be a gamechanger for climate tech startups, unlocking doors and demand. America’s Inflation Reduction Act (IRA) allocated $369bn to stimulate green growth through subsidies, even tempting several European startups to shift operations stateside. 

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Sophie Rowe

Sophie Rowe is an events producer at Sifted, working on our in-person Sessions and flagship Summit. Connect with her on LinkedIn

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