Investors Taking a Shine to Indian Climate Tech Space

Funding for green technologies is on the rise in India, and the country's biggest investment fund is aiming to raise $1 billion for a climate-related fund by 2022, Bloomberg reports.

The fund, Eversource Capital's largest ever, will invest in companies in water, food, and recycling, as well as clean energy.

According to the Economic Times, startups in the climate tech space raised $157 million across 52 deals last year.

"There is a sense that there will be a much larger demand for carbon mitigation technologies," says a partner at Blume Capital, which plans to back 10 to 15 startups in the space over the next three to four years.

India has some of the highest carbon emissions in the world, and the government has been trying to reduce its carbon footprint by encouraging green technologies.

Last month, for example, the country's Department of Industrial Policy and Research announced a plan to cut carbon emissions by 25% by 2030, the BBC reports. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Melinda French Gates' Billion Sparks Debate: Is Philanthropy Enough to Secure Women'S Rights?
Foundation: Susan Thompson Buffett Foundation, Gates Foundation

"For too long, a lack of money has forced organizations fighting for women's rights into a defensive posture while the enemies of progress play offense," writes Melinda French Gates in a New York...more

Battelle Sets New Funding Record with 2024 Stem Education Grants for Innovative Central ...

Big Brothers Big Sisters of Central Ohio is using nearly $1 million in grants from Battelle to create after-school and summer programs focused on science, technology, engineering, and math for...more

Vantaa'S Innovative Solutions Addressing Migration, Segregation, and Youth Engagement

The city of Vantaa, Finland, is known as one of the most international cities in the country, with between 4,000 and 5,000 new residents each year, most of them immigrants, Eurocities...more

Meet 11 Engineering Leaders Building the Next Generation of Innovative Tech

If you're an engineer looking to make your mark in the tech world, Forbes has just the list for you. The magazine interviewed 11 engineering leaders, including James Dyson of vacuum company...more

Curvepoint Capital, Backed by Aegon Am, Launched by Former Heads of Aegon Climate ...

A team of former top executives at Aegon Asset Management has launched a new firm to invest in the climate finance industry. CurvePoint Capital was founded by James Rich, Brian Wayne, and Alena...more

Governor Hochul Announces Innovative New Energy Laboratory at Ny Creates' Albany ...

New York Gov. Kathy Hochul today announced the official opening of the Advanced Grid Innovation Laboratory for Energy (AGILe), "a first-of-its-kind, world-class electric grid and power systems...more

Uniting for Climate Action: Un, World Bank and Undrr Leaders Push for Climate Finance ...

The World Bank is calling for urgent action to help small island developing states (SIDS) deal with the effects of climate change as leaders from the nations meet in Antigua this week. The bank's...more

Tough Times Call for Creative Approaches €“ Undp, Nef and Agf Collaborate to Organize a ...

The Syrian refugee crisis is expected to worsen over the next four years as more than 19 million peoplemore than a fifth of the country's population flee their homes, the New York Times...more

Mcgill Project Awarded $1.7 Million to Mitigate Housing Crisis and Climate Change

Canada's housing crisis and climate change are two of the country's biggest concerns, and a professor at McGill University has come up with an innovative solution to both. Daniele Malomo's $1.7...more

Phygital Sustainability Expo 5Th Edition Presented in Rome

Fast fashion is here to stay, at least according to a new report from the European Commission, which notes that by 2050, the fashion industry is expected to be responsible for more than one-third of...more






Social Entrepreneurship
Spotlight



Role Philanthropy Plays in Impact Investing


CEO of the Community Development Financial Institution (CDFI) Nonprofit Finance Fund and impact investment book author, Antony Bugg-Levine, explains the role of how philanthropy serves as a catalyst in impact investments.



Federal Government Grant and Assistance Programs


John Ogonowski Farmer-to-Farmer Program | Climate Showcase Communities Grant Program | FVAP Policy Clearinghouse | Consumer Operated and Oriented Plan [CO-OP] Program | U.S. Repatriation | CAPITAL ASSISTANCE PROGRAM FOR REDUCING ENERGY CONSUMPTION AND GREENHOUSE GAS EMISSIONS | South Half of the Red River | Rural Cooperative Development Grants | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders