Why Dubai-based VCs are looking to invest in European climate tech

Rising temperatures and unpredictable weather patterns have become a pressing concern within the UAE. In April, Dubai experienced its heaviest rainfall in 75 years over a 24-hour period, triggering floods and chaos. A team of researchers from the World Weather Attribution initiative reported that this event was driven partly by the climate crisis which was bringing on a 10%-40% intensity in rainfall levels. On July 20, temperatures also hit a high of 42 degrees centigrade at Dubai International Airport, according to data from the US National Weather Service. However, intense humidity that day compounded the heat to make it feel…

This story continues at The Next Web https://thenextweb.com/news/dubai-vcs-invest-european-climate-tech