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Climate change and environmental degradation place significant stress on India’s biodiversity, food supply, water and energy security, and human health. The private sector will play a critical role in achieving these objectives, particularly growth-oriented entrepreneurship that can bring new ideas into practice, introduce technical innovations, and create demand for new environmentally friendly goods and services. According to the International Labour Organization (ILO), green entrepreneurs address climate change and/or create a positive environmental value either through the process of delivering products/services (e.g., utilizing clean technologies) or by working in a green sector (e.g., waste management). Such entrepreneurs tackle climate change from multiple angles.

This report establishes a baseline understanding of the state of green entrepreneurship in India by assessing existing business models, the available financial and technical support for entrepreneurs, and key sectoral issues regarding the policy landscape and market opportunity. The purpose of the study is to inform decision-makers, such as policymakers, donors, investors, and business development service providers, of the primary trends, opportunities, and challenges in the green entrepreneurial ecosystem in India.

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The SME Climate Hub 2023 Survey is a comprehensive report based on a survey of 2,800 SMEs from around the world conducted in late 2022. The report delves into the current state of climate action and sustainable business practices in SMEs. According to the survey findings, SMEs are becoming increasingly concerned about climate change and are taking steps to reduce their environmental impact. However, many SMEs continue to face significant challenges in implementing sustainable practices, such as a lack of access to finance and technical expertise. The report also emphasizes the importance of governments and financial institutions in assisting SMEs in making the transition to more sustainable business practices. Overall, the SME Climate Hub 2023 Survey offers useful insights into the challenges and opportunities that SMEs face as they navigate the transition to a more sustainable future.

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“Firms in developing countries struggle to recruit effective employees, due in part to their reliance on traditional recruitment networks such as family, friends, and referrals. This can limit the quantity and quality of potential hires and constrain the growth of small and medium-sized enterprises (SMEs). These hiring constraints can also limit employment opportunities for job seekers, especially in countries where SMEs employ a large share of the labor force. This research examines the impact of online job portals on reducing hiring frictions in the Indian labor market, using a randomized controlled trial (RCT) methodology. The study finds that firms in developing countries are more likely to fill a job vacancy when they receive both online job portal interventions, compared to receiving only larger applicant pools or identity verification services. Firms in the joint treatment group were 68% more likely to hire workers from the portal than firms in the control group, and these firms are more likely to hire overall across all recruitment methods. The study suggests that online job portals can provide a source for suitable employees outside of traditional networks, especially for smaller employers who may have less capacity to screen applicants. The authors highlight the importance of addressing multiple recruitment challenges in tandem for online job portals to alleviate constraints on recruitment in emerging markets.”

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"COVID-19 has taken a painful toll on numerous aspects of society, including the small and growing business sector. To restrain the spread of the virus, governments in many countries introduced lockdowns, social distancing, and mandatory shutdowns. However, those measures interrupted many commercial activities worldwide, causing major economic disruption.

Although the pandemic necessitated the transition to virtual program delivery, the experience allowed stakeholders in the entrepreneurial ecosystem to discover the benefits and limitations of virtual support. Now that lockdowns have largely ended and economic activity is recovering, support organizations need to decide whether to continue with virtual entrepreneurial support, revert to in-person mode, or adopt a hybrid approach to retain the benefits of both virtual and in-person programming. To understand the effectiveness of virtual support and to synthesize lessons learned during this forced experimentation period, ANDE used surveys and interviews to gather perspectives from both entrepreneurs and intermediaries on what worked - and what did not - in the shift to virtual programming."

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This learning brief summarizes lessons learned across two of ANDE's Advancing Women's Empowerment Fund (AWEF) cohorts in Africa and Asia. The eleven AWEF grantees had similar experiences across their different regions and  time periods, most notably in regards to the approaches and programming that are most successful and impactful in reaching women entrepreneurs. This evidence suggests that women entrepreneurs may face similar barriers to investment across varied geographies - and further, the solutions and programmatic adjustments that have found success may be more similar than we think.

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This report establishes a baseline understanding of the state of green entrepreneurship in Kenya by assessing existing business models, the available financial and technical support for entrepreneurs, and key sectoral issues regarding the policy landscape and market opportunity. The purpose of the study is to inform decision-makers, such as policymakers, donors, investors, and business development service providers, of the primary trends, opportunities, and challenges in the green entrepreneurial ecosystem in Kenya.

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"The gender financing gap persists. Women-led startups raise significantly less capital than startups led by only men. According to PitchBook Data, in 2021, 85.4% of global VC dollars went to startups with only men on the founding team.

That number has hardly budged over the past decade — despite the fact that data continues to suggest that women-led startups outperform startups with all-men founding teams. For example, a BCG study found that women-led companies generate more than twice as much additional revenue per dollar invested (78 cents versus 38 cents) and a PitchBook study found that women-led startups reach their exit stage a full year earlier than all-male-founded startups (median 6.4 years versus 7.4 years).

For investors, focusing on only a fraction of all entrepreneurs means they leave significant opportunities for returns on the table. For startups, this gender financing gap means promising innovations do not receive the resources they need to scale.


That is why Village Capital partnered with IFC, We-Fi, the World Bank, and researchers Amisha Miller and Saurabh Lall to identify and test several concrete ideas for how to help close the gender financing gap. With the support of a research coalition that also includes Visa Foundation, Moody’s, ANDE’s Advancing Women’s
Empowerment Fund, Sasakawa Peace Foundation, and ANDE’s SGB Evidence Fund, we have identified several promising interventions.


Now we are sharing our results, and encouraging investors and accelerators to take action."

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Climate change and environmental degradation pose a significant threat to Kenya’s economy. To combat these challenges, Kenya has supported a green economic transition through various government policies and initiatives. Green entrepreneurs play an important role in helping the country reach these climate and environmental targets by meeting consumer needs in a sustainable manner. This report examines the ecosystem of support for green entrepreneurs in Kenya. Using data collected via surveys and desk research, this snapshot report uncovers important challenges and opportunities for green entrepreneurship to inform stakeholders of how to better support the development of Kenya’s green economy.

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The damaging effects of climate change in India are all-encompassing, threatening agriculture and food supplies, energy security, water security, and public health. To ameliorate climate and environmental challenges, India has committed to a green economic transition through various government policies and initiatives. India has the the world’s third largest entrepreneurial ecosystem after the United States and China, and an increasing number of sustainability-oriented startups, investors, incubators, and accelerators in India is shaping a vibrant green ecosystem. This report examines the ecosystem of support for green entrepreneurs in India. Using data collected via surveys and desk research, this snapshot report uncovers important challenges and opportunities for green entrepreneurship to inform stakeholders of how to better support the development of India’s green economy.

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Climate change and gender inequality are among the world’s most pressing and complex development challenges. Women are catalysts for innovative solutions to tackle climate change. However, their underrepresentation in decision-making processes and labour markets means that women are prevented from fully contributing to climate-related planning, policy-making and implementation. Recently, WUSC joined partners in celebrating the development of a new roadmap for climate finance and marked the culmination of a unique project at the intersection of climate finance and gender implemented by a consortium of partners including ANDE and AKFC and generously funded by Global Affairs Canada. The purpose of the Roadmap is to present recommendations to donors on how to facilitate women climate entrepreneurs’ access to appropriate climate finance, contributing to greater equality and inclusion in sub-Saharan Africa while advancing innovative and transformative women-led climate solutions.

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