Tech Reviews

2024 Climate Tech Companies to Watch – MIT Technology Review


How we chose the list

15 Climate Tech Companies to Watch recognizes companies that are developing technologies to address climate change, by reducing harmful emissions or mitigating their impacts.

To select these 15 companies, our reporters and editors first scoured the globe for nominees. We leveraged our own reporting and consulted with academic researchers, industry experts, investors, and other reporters to identify candidates. Then, we sifted through news stories, company materials, and published research, and interviewed even more experts to evaluate the impact of these firms and the validity of their claims.

We debated internally over which finalists to feature, with careful consideration of how to best represent the breadth of fields needed to address climate change and the global nature of the fight. We also revisited our 2023 list, choosing to once again feature a few standouts that continue to make significant progress.

We aimed to look beyond bluster and hype, focusing on solutions that have a real chance of competing in the market and delivering cost-competitive, effective emissions reductions or ways of protecting people from the worst impacts of climate change.

The final slate includes companies headquartered on five continents, in industries ranging from agriculture to wildfire detection. Some are early-stage startups still in the process of ramping up production or clearing regulatory hurdles. Others are notable for the speed and scale at which they’re deploying technologies, or for bringing existing solutions to new markets in a novel way.

We make no claim to be fortune tellers. There are plenty of reasons why any one of these businesses might not succeed in its endeavor. In each profile, we’ve included caveats, challenges each company must contend with to move forward. But based on our reporting, these are the businesses that could have a significant impact on the world of climate technology in the year to come—and beyond.

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