"This report emphasizes the urgency to transition from the "Age of Innovation" to the "Age of Adoption" in response to climate change impacts by 2030. It identifies the critical need for the widespread implementation and scaling of existing climate technologies, and problematizes the gap between the availability of viable climate solutions and the slow pace of their adoption. It explores what will it take to deploy innovations at scale, aiming to understand the barriers hindering the widespread implementation of climate innovations. It identifies the pivotal role of climate finance in facilitating large-scale adoption, and underscores the necessity for collaborative efforts among various financial stakeholders, such as venture capital, private equity, foundations, and corporates, to devise innovative financial mechanisms. The report showcases how these financial innovations combine grants, equity, and debt to address climate challenges effectively. Finally, it stresses the need for specialized climate finance to bring innovations to the market swiftly, and emphasizes collaborative efforts among diverse capital allocators to develop creative and collaborative climate finance strategies."
In this spotlight, we talk about sustainable and circular initiatives of Enviu and the change they are creating in the society.
We need to mobilize finance and technology to empower SGBs in the global climate action framework, advocating for sustainable small business ecosystems and renewable energy integration in agriculture.
Focused on technology access, deployment, and transfer for climate innovators, GBI Director Leena Pishe Thomas presents a new platform enables to "enable the E of ESG." She sees this as a moment for the Global South to grab a leading opportunity to shape global perspectives and markets.
Watch the thought-provoking speech by the Nobel Prize Laureate, Chairman of the Yunus Centre, and founder of Grameen Bank from his home in Bangladesh.
"Decentralised Renewable Energy (DRE) technologies enable an equitable energy transition and ensure energy security for many emerging and developing economies. Unlocking finance for users and enterprises is critical to mainstreaming these technologies for a just energy transition. This policy brief, published by the T20 Taskforce, outlines the challenges with financing currently faced by the ecosystem stakeholders. It builds upon the policy framework released by the Ministry of New and Renewable Energy (MNRE), Government of India, for scaling the adoption of DRE livelihood technologies in India. It explores how DRE can be mainstreamed in the energy transition conversation and scale the adoption of these technologies leveraging the G20 network and resources."