India, like many other nations, is grappling with an urgent need to address the climate crisis. Our country’s annual contribution to global carbon emissions is projected to rise by 4.6% and experts foresee the demand for water outpacing the supply by 40% by 2030.
Of global carbon emissions annually are contributed by India
Of India is facing high to extremely high water stress
The need of the hour is to nurture and scale innovations that can enable progress on our climate goals and help create a cleaner and greener environment.
ACT For Environment aims to catalyze climate action through tech-first innovations to accelerate India’s progress on decarbonisation and ensure water security.
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 transport emissions by accelerating the adoption of green mobility: advanced cell chemistries, battery management & recycling, ZET, renewable integrated charging infrastructure etc.
Reduce the dependence of energy grids on fossil fuels and manage power more efficiently: Biofuels, DRE, renewable efficiency solutions, energy storage & management, virtual power plants etc.
Reduce AFOLU emissions and save water while aiding livelihoods for smallholder farmers: water-efficient irrigation, biotech fertilizers, waste to value solutions, food waste avoidance, affordable precision farming tools etc.
Reduce hard to abate industrial emissions and enable water circularity: alternative materials, wastewater treatment and reuse, sustainable heating/cooling, circular recycling, industrial carbon capture etc.
Create economies of scale on direct carbon removal and storage: engineered solutions like ERW, BECCS, DAC and nature-based solutions like biochar, blue carbon restoration, algae-led carbon capture etc.
If you’re a social entrepreneur building an innovative tech-first 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:
We do not look at funding large scale renewable energy projects, EV MaaS / OEMs / financing / charging infra and waste management logistics / traceability as they’re already in the advanced stages of market validation. We also 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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