Weekly intelligence — Climate economy
Every week: the deals, the policy moves, and the investment logic behind the numbers. Written for professionals who need to understand the climate economy — not just follow it.
EU climate investment gap — per year — through 2030
Most climate media is written for people who want to feel good.
Microclimate is written for people who want to position.
The transition is happening regardless. The question is which sectors, geographies, and instruments absorb the capital first — and what the entry points look like right now. Every issue maps the deals, the policy moves, and the investment logic that professionals actually need.
01 —
Where climate finance is flowing. Which funds are raising, which bets are paying off, and what smart money is positioning for next.
02 —
Urban regeneration meets capital allocation. Real estate repricing, infrastructure investment, and the economic logic of the physical transition.
03 —
Which regulatory moves create or destroy market value. Policy noise turned into investment signal.
Issue Zero — April 2026
Europe produces more climate tech startups than the United States. But it scales fewer. The bottleneck is Series B — when a startup needs $30-100 million to build the factory, expand into new markets, hire the team that turns it into a real company.
A World Fund report published in January 2026 put a number on this for the first time: $13.5 billion. That's the cumulative gap between what European climate startups raised at Series B and what they would have raised if rounds matched US size and frequency.
"Only 15% of European startups make it from seed to Series B. In the US, it's 25%. That's 37 companies per year looking for growth capital and not finding it."
Three funds are positioning to close this gap: Partech Impact (€300M, just closed), World Fund II (€500M target, in fundraising), and Scaleup Europe Fund (€5B target, launching Q2 2026). For LPs seeking exposure to European climate tech at the growth stage, the window is now — before new capital compresses returns.
Series B funding gap — EU vs US — 2020-2024
EU startups graduating seed to Series B (vs 25% US)
Climate startups per year seeking growth capital they can't find
Intelligence for professionals who need to understand the climate economy — not just follow it.
Read this week's issue →Join professionals across Europe and North America tracking where capital, policy, and technology converge in the climate transition.