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Even with promising statistics, women in this field still face significant obstacles, often referred to as the “triple glass ceiling.”
This phrase captures the challenges women encounter as they strive for top leadership roles, while also highlighting the added difficulties presented by a historically male-dominated tech landscape and the dynamic, evolving realm of climate fintech.
Research from the University of Manchester and the National University of Singapore supports this viewpoint, revealing the widespread sexist culture that women must navigate in their careers.
Andreas Iten, Co-founder and CEO of Tenity, expresses an optimistic outlook on the changes occurring within the industry. He notes, “A significant trend is the increasing number of female founders within Climate Fintech.”
Iten points out that while there has been a decline in the total number of startups in 2023 compared to the previous year, the proportion of companies founded by women has surged to 45%. This trend indicates a move towards greater gender equality that could reshape the future of the industry.
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