What is "climate entrepreneurship"?

Climate entrepreneurship refers to the development of businesses specifically designed to address and mitigate challenges posed by climate change. This includes creating innovative products and services that contribute to sustainability, reduce carbon footprints, and promote environmentally friendly practices. Entrepreneurs in this space often focus on renewable energy, waste reduction, sustainable agriculture, and technologies that promote energy efficiency.

This concept recognizes that entrepreneurship can play a vital role in combating climate issues by harnessing business acumen to create positive environmental impacts. The drive for climate entrepreneurship is rooted in the understanding that economic activity can and should align with ecological sustainability, fostering both profit and planet-friendly outcomes.

The other options reflect approaches that either neglect environmental concerns or support fossil fuel industries, which contradict the essence of climate entrepreneurship that aims to create solutions to pressing environmental issues rather than exacerbate them.