Private capital plays a critical role in closing Europe’s climate investment gap. While public funding and debt instruments are essential to de-risk and deploy large projects, growth equity finances the companies developing the technologies and business models that make decarbonisation possible. Growth capital bridges the scale-up phase - where most technologies struggle to access bank financing - and accelerates market deployment. Mobilising private equity alongside public support is therefore key to turning innovation into industrial capacity, measurable emissions reductions and long-term value creation for Europe.