Welcome to Business Daily. I'm Vivienne Nunes. As the world focuses its attention on climate,

we're looking to the money that could create real change. Venture capital is the type of financing

that can take new ideas to the masses. And it's finally looking to fund clean green tech.

The first half of this year was the most active climate tech investing semester

by far in the history of climate tech.

Silicon Valley tech firms attract some of the world's sharpest minds

and boast the biggest profits.

So why aren't more technology companies coming up with the

bright ideas needed to fight climate change? If you align the incentives to make doing

something that's good for the environment super profitable, then Silicon Valley will

take notice. Silicon Valley and the climate crisis. That's Business Daily from the BBC.

Raining in climate change is the focus of governments from around the world this week,

as leaders from more than 100 countries converge on the Scottish city of Glasgow

for the United Nations summit that some have described

as the most important meeting of all time.

But keeping rising temperatures in check is a huge task

and it's going to take more than just government commitments to get us there.

We're going to need technological solutions too,

cheaper and more mainstream renewable energy, better energy storage, and effective fossil fuel

alternatives for transport and logistics. So we're looking to the system that funds new

business ideas and brings them to mass markets, venture capital.

These investors help start-ups with bright ideas grow so that they can become big and successful

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