In a significant shift within the global climate-tech sector, the United States has emerged as the top market for climate technology investments during the first half of 2024. Despite an overall decline in funding, US companies secured $6.7 billion in investments, surpassing China, which raised $5.1 billion, according to a recent analysis by BloombergNEF (BNEF). This marks a notable change from the previous year, when China led the market with $14.5 billion in climate-tech funding. Impact of US Policy on Climate-Tech Investments The surge in US climate-tech investments is largely attributed to the nation?s proactive climate policies, particularly the Inflation Reduction Act (IRA). The IRA has played a crucial role in fostering investor confidence by offering generous tax credits, grants, and loans for emerging technologies such as batteries, hydrogen production, and carbon capture.