EU’s opens applications for €10 billion clean tech innovation fund – and so should India!
EU has been at the forefront of sustainability actions – not just issued bold statements, also bold actions.
Did you know that it has a Euro 1 TRILLION Green Recovery plan to align large scale investments and actions over the next few decades aligned to sustainability?
As part of this goal, the EU announced a Euro 10 billion war chest to be spent over 10 years to bring clean energy innovations to market. (Read more – https://lnkd.in/gtReSBv )
While I heard many significant investment announcements in Nirmala Sitharaman’s 2021 budget. I don’t remember large scale budgets for green & clean energy innovation being one of them. Sure, there were announcements for innovations in general, but nothing specifically for cleantech innovations.
Net Zero by Narsi
Insights and interactions on climate action by Narasimhan Santhanam, Director - EAI
View full playlistIndia is the world’s third large CO2 emitting nation – emissions from all EU countries together are only slightly higher than ours. We too need a bold budget for green energy innovation. Talk is all fine, but without SERIOUS investments in innovation, we would be left borrowing clean technologies from outside for decades.
With hopes – EAI INCLINE!
See my LinkedIn post on this topic