India, like many other nations, is grappling with an urgent need to address the climate crisis. The country’s annual contribution to global carbon emissions is projected to rise by 12.6%. If current water usage patterns persist, experts foresee the demand outpacing the supply by 40% by 2030. And these figures only reflect the tip of the iceberg.
Of India is facing high to extremely-high water stress
Of the most polluted cities in the world are in India
Of India’s landmass is under irreversible degradation
Of global sanitation losses are attributed to India
The need of the hour is to nurture innovations that can accelerate progress on our climate goals and help create a cleaner and greener environment.
ACT For Environment aims to catalyze climate action through innovations for better air quality, effective energy transition, efficient waste management, water security, and land rejuvenation.
The 50 Cr fund will seed the capabilities of ‘new and novel’ innovations that have the potential to create outsized climate impact as well as accelerate the progress of validated ‘here and now’ innovations that have a measurable environmental benefit.
Reduce air pollution at source or enable direct carbon capture through technology or process.
Improve overall water security by reducing water waste and increasing water savings.
Enable circularity by reducing waste, turning waste to value and increasing resource efficiency.
Rejuvenate soil health and enable soil sequestration of carbon across agriculture, forestry and urban landscapes.
Drive energy transition, efficiency, and access through alternative fuels, innovative battery chemistries, and distributed renewable energy solutions.
If you’re a social entrepreneur building an innovative climate impact solution, we want to hear from YOU!
Here is a quick checklist that’ll help you understand what we’re looking for and whether your product / solution would be eligible to be evaluated for a grant:
Technology / Innovation led:
The solution should use technology or innovation in either product, process or business model as a leverage for growth.
Addresses Issue At Source:
Should solve for the cause instead of being built to address the resulting symptom. For example, air purifiers will not fall under our investment thesis.
Evidence Of Environmental Impact
Should have demonstrated potential to create significant environmental impact at scale in one of our focus areas.
Roadmap To Sustainability
Must have a clear roadmap to grow sustainably beyond ACT’s support.
We do not look at funding the renewable energy or green mobility sectors and actively screen out solutions that may contribute to greenwashing or have an indirect negative environmental impact.
ACT Capital Foundation For Social Impact is a not-for-profit company incorporated and registered under Section 8 of the Companies Act, 2013. All donations made to ACT Capital Foundation are eligible for income tax deduction under Section 80G of the Income Tax Act.
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