Shanu Mathew, Senior Vice President at Lazard Asset Management and an expert in sustainable equities, dives into the contrasting performances of clean tech sectors in 2024. He highlights a 20% drop in 'Core' Cleantech versus the remarkable success of 'Periphery' companies like Siemens Energy. Shanu discusses the underlying fundamentals of this divergence, including interest rates and political uncertainties. He also sheds light on the electricity demand surge driven by AI and datacenters, and predicts a potential positive rebalancing for Core Cleantech in 2025.

Climate tech stocks have been underperforming in the public markets for months due to factors like higher interest rates and election uncertainty. The podcast discusses trends in EVs, solar, and lithium, as well as investors moving funds into climate tech stocks. Analysts' expectations for climate tech stocks in the near- and long-term are also explored.