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Decarbonization Avenue : Low Carbon Accelerators

Since 2015, numerous players have emerged as accelerators in the cleantech and climate change sectors, playing a crucial role in India's journey toward decarbonization. These accelerators provide essential support in various forms:

  • Finance: Venture capital firms and angel investors provide the necessary funding to kickstart and scale cleantech innovations.
  • Expertise: Industry-specific, region-specific, or university-specific incubators offer access to technology and industry experts.
  • Connections & Visibility: Sponsors or organizers of cleantech contests and multi-stakeholder events enhance the visibility of emerging innovations and create valuable networks.

 

Current Scenario

Accelerator Landscape

  • Diverse Profiles: Accelerators in India include industry consortia, government bodies, large corporates, universities, finance/investment firms, high net worth individuals, and civil societies.
  • Examples: Prominent examples in India include the Villgro Greenlabs, Social Alpha, and PreservGreen.

 

Key Techniques

Financial Support

  • Venture Capital and Angel Investment: Increasing the availability of venture capital and angel investment for cleantech startups to bridge funding gaps.
  • Government Grants and Subsidies: Providing targeted grants and subsidies to support early-stage cleantech innovations.

 

Expertise and Mentorship

  • Industry Partnerships: Forming partnerships with industry leaders to offer mentorship and technical expertise.
  • University Incubators: Leveraging university resources to provide research support and access to cutting-edge technologies.

 

Networking and Visibility

  • Cleantech Contests: Organizing contests and hackathons to identify and promote promising cleantech innovations.
  • Multi-stakeholder Events: Hosting events that bring together government, industry, and civil society to discuss and support cleantech initiatives.

 

Case Studies

  • Clean Energy International Incubation Centre (CEIIC): To support clean energy startups by providing incubation, funding, and mentorship. CEIIC collaborates with international organizations, industry leaders, and government bodies. Successful incubation of over 30 startups, with innovations in solar energy, energy storage, and energy efficiency.
  • India Climate Collaborative (ICC): To catalyze climate action through collaboration and innovation. ICC works with philanthropists, businesses, and the government to fund and support climate initiatives. Mobilization of over $10 million in funding for climate action projects, including renewable energy and sustainable agriculture.

Decarbonization potential

Low carbon accelerators hold immense potential to drive India's transition towards a sustainable, low-carbon future. By providing critical support in the form of financing, expertise, and connections, these accelerators can significantly boost the growth and scaling of cleantech innovations. In a country facing vast environmental challenges and aiming to meet ambitious climate goals, the role of accelerators is pivotal. They bridge gaps in funding, offer mentorship, and foster networks essential for the success of startups.

 

Key Datapoints

  • Increased Funding: Mobilize $1 billion annually in venture capital and angel investment for cleantech startups.
  • Enhanced Ecosystem: Establish 100 new cleantech accelerators and incubators across India.
  • Startup Support: Support the growth of 10,000 cleantech startups through financial aid, mentorship, and market access.
  • Market Penetration: Achieve market adoption of low carbon technologies developed by at least 1,000 startups.
  • Policy and Regulatory Support: Implement policies to streamline regulatory processes and provide incentives for cleantech adoption.

Industries impacted

  • Business support services
  • Chemicals & petrochemicals
  • Internet & online solutions
  • Computers & software
  • Construction & real estate
  • Environmental services
  • Fertilizers
  • Financial services
  • Food & beverages
  • Marketing & communications
  • Marine transport
  • Packaging & plastics
  • Road transport
  • Textile & apparel
  • Waste management
  • Water

Themes & Topics

 

  • Accelerators for different regions

    • Countries

    • Cities

  • Accelerators for specific decarbonization avenues

    • Renewable Energy

    • Energy Efficiency

    • Energy Storage

    • Agriculture & Food

    • Waste Management

    • Materials

    • Water

    • Mobility

    • Carbon capture & use

    • Industry-specific decarbonization

 

 

  • For different segments

    • For industries

    • For corporates

    • For schools

    • For colleges

    • For communities

  • Type of acceleration

    • Contests

    • Events

    • Investments

    • Mentoring

    • Providing connections

    • Business development and go-to-market

    • Solution implementation

    • Expediting government related processes and approvals

    • Policy advocacy

 



All Decarbonization Avenues @ EAI


Renewable Energy :

  • Utility Scale Solar PV |
  • Distributed Solar PV |
  • Solar Thermal |
  • Wind Power |
  • Biomass for Heating & Power |
  • Biofuels |
  • Hydro Power |
  • Geothermal Energy |

  • Energy Efficiency :

  • Industrial Waste Heat Recovery |
  • Low Carbon Thermal Power |
  • Energy Efficient Industrial Equipment |
  • Smart Grids |
  • Heat Pumps |
  • Digital for Decarbonization |
  • Energy Efficient Buildings |

  • Energy Storage :

  • Green hydrogen |
  • Thermal & Mechanical Storage |
  • Battery Storage |

  • Agriculture & Food :

  • Sustainable Forestry |
  • Regenerative Agriculture |
  • Smart Farming |
  • Low Carbon Food |
  • Agro Waste Management |

  • Waste Management :

  • Reducing Food Waste |
  • Solid Waste Management |

  • Materials :

  • Bio-based Materials |
  • Advanced Materials |
  • Product Use Efficiency |
  • Industrial Resource Efficiency |

  • Water :

  • Water Use Efficiency |

  • Decarbonizing Industries :

  • Low Carbon Metals |
  • Low Carbon Chemicals & Fertilizers |
  • Low Carbon Construction Materials |
  • Low Carbon Textiles & Fashion |
  • Corporate Carbon Management |
  • Decarbonizing Oil & Gas Sector |

  • Low Carbon Mobility :

  • Electric Mobility |
  • Low Carbon Trucking |
  • Low Carbon Marine Transport |
  • Low Carbon Aviation |
  • Low Carbon ICE Vehicles |
  • Mass Transit |

  • GHG Management :

  • C2V - CO2 to Value |
  • CO2 Capture & Storage |
  • Reducing Emissions from Livestock |
  • Reducing Non-CO2 Industrial & Agricultural Emissions |
  • Managing Large Carbon Sinks |

  • Communities :

  • Low Carbon Lifestyles |
  • Low Carbon Cities |

  • Finance :

  • Climate Finance |

  • Platforms :

  • Multi-stakeholder Collaboration |
  • Low Carbon Accelerators |

  • Moonshots :

  • Moonshots |