Gaya Capital offers a comprehensive range of business services designed specifically to address the sustainability requirements of our clients. Through our extensive insights, we enable businesses to maintain a competitive advantage in the continually evolving Sustainability and ESG landscape. Our services encompass sustainability market intelligence spanning environmental regulations, ESG disclosure, and the latest advancements in climate technologies.

EPA Regulations Challenged

Political administrations can have a significant impact on the air quality compliance market. The current Biden administration has shown a strong commitment to environmental protection, which has led to stricter regulations. In contrast, the Trump administration pursued deregulation, which could have led to reduced enforcement of environmental laws and potentially impacted the market negatively.

Recent environmental regulations have been challenged at the Supreme Court. Looking ahead, the Supreme Court's pending decision on the Chevron doctrine and other upcoming cases will likely continue to shape the landscape of environmental law and regulation, with potential implications for the Biden administration's environmental agenda and regulatory efforts.

 
 

Climate Tech

Despite a decline in deal activity, climate-tech startups continue to attract substantial investment worldwide. In 2023, $26 billion was invested in 1,312 climate-tech deals globally, according to PitchBook data. In 2024, despite a slower pace, 81 deals have been completed, totaling $1.4 billion. Namratha Kothapalli, principal at Speedinvest, notes that climate tech now constitutes more than 10% of total private equity (PE) and venture capital (VC) investments globally, indicating its growing significance in an overall contracting market.

The segments within Climate Tech that continue to draw substantial funding include Carbon Capture Sequestration (“CCS”), Carbon Accounting Management Platforms (“Carbon SaaS”), and AI-Powered Recycling Robots, signifying a concerted effort towards advancing innovative solutions in combating climate change. Please see our Climate Tech Update for more information.

 

Environmental Market: Competitive Landscape

In 2023, the landscape of industry consolidation witnessed significant activity, albeit at a slightly reduced pace compared to the preceding year. A total of 430 design and environmental firms underwent acquisition or merger processes, marking a decline of nearly 11% from the record-breaking 480-plus transactions recorded in 2022. This moderation in deal-making can be attributed primarily to heightened interest rates, which likely influenced the decision-making processes of numerous potential acquirers, effectively bringing the pace of consolidation back to levels reminiscent of 2021.

 

Portal Bridge Lawsuit

The $2.3 billion initiative aims to replace the aging Portal Bridge, a frequent cause of delays on the Northeast Corridor. There has been allegations of deficient design issues of the new bridge, developed by Gannett Fleming, HNTB Corp., and Jacobs Engineering.

Gannett Fleming has a history of collaboration with NJ Transit on several significant projects aimed at improving the state's transportation infrastructure. This includes projects related to the expansion, modernization, and maintenance of NJ Transit's rail and bus networks. However, its involvement in the Portal North Bridge project has been marred by allegations of design deficiencies, highlighting the complexities and challenges involved in ensuring the safety and reliability of critical infrastructure projects.Whatever it is, the way you tell your story online can make all the difference.

 

Environmental Regulations

As environmental awareness continues to grow, governments worldwide are implementing stringent regulations to address pressing environmental issues. We anticipate the following global regulations will continue to dominate around PFAS, Water Resource Management, Waste Recycling / Circular economy and Biodiversity.