MoEFCC and Avaana Fund Conclude Climate Conference 2024

India's leading climate-tech venture capital fund, Avaana Climate and Sustainability Fund, partnered with The Ministry of Environment, Forest and Climate Change to organize The Climate Conference 2024 in Mumbai. This event, the first-of-its-kind, brought together key stakeholders such as climate-focused leaders, entrepreneurs, policymakers, investors, and ecosystem enablers to spotlight India's climate action initiatives and innovations with global significance.

The event served as an interactive platform for learning and engagement, underscoring the crucial need for collaborative efforts to address climate challenges. Through a series of expert-led sessions, the event facilitated insightful dialogues and solution-oriented discussions towards driving effective climate change solutions.

The event delved into key themes, such as "India’s Road to Net Zero", "Financing the Green Transition" and “Technology and innovation for climate action" offering valuable insights into India's journey toward achieving net-zero emissions. It aimed to deepen understanding of the associated challenges and opportunities. Eminent speakers featured in panels represented organizations such as Godrej Industries, MoEFCC, British High Commission, Tata Steel, with notable panelists including Ms. Leena Nandan, Mr. Amitabh Kant (G20 Sherpa), Shri K Rajaraman, Mr. Mike Hankey, Mr. Nadir Godrej, Mr. S Ramann, and other renowned industry experts.

“We are encouraged by the private sector engagement by MOEFCC and Green Climate Fund leading to the first of its kind Climate Conference 2024, a remarkable partnership between MOEFCC and Avaana Climate and Sustainability Fund. The conference brought together key industry stalwarts committed to nurturing and promoting sustainable innovations for the ecosystem. India is integral to any global climate solution and our technology prowess can create innovative solutions not just for India but for the world. My sincere thanks to all stakeholders who contributed their insights and commitment to this impactful event. It showcased India's progress toward net-zero and green financing. At Avaana, we're committed to nurturing sustainable innovations, as demonstrated by this event along with other events such as the Grand Challenge for Climate Tech Innovation. Looking ahead, I'm optimistic that such initiatives will drive transformative climate solutions, shaping a resilient and eco-conscious future for India and the world.”, said Anjali Bansal, Founding Partner of Avaana Capital.

Mr. Amitabh Kant mentioned ‘India will be the first country to develop in a decarbonised manner and multiple stakeholders will have to come together to enable that green transition. He called for an accelerated transformation and strategic financial planning”

During the talk Mr. Nadir Godrej recited a poem about how technology can help tackle climate issues and create a better future. The poem highlighted the exciting possibilities in improving power and the way we build things for a more sustainable world.

The Plenary Startup Showcase featured startups like Eeki Food, Chakr Innovation, Kazam, Sentra World, etc. They showcased innovative climate-focused startups, fostering collaboration and investment opportunities. This segment proved to be a breeding ground for new ideas and partnerships, aligning with Avaana's commitment to nurturing sustainable innovations.