WWF-India recognizes SMEs fighting for climate change | SupportBiz


WWF-India recognizes SMEs fighting for climate change

International NGO for conservation, research and restoration of the environment, the World Wide Fund for Nature’s Indian establishment WWF-India is encouraging small and medium enterprises (SMEs) that are developing innovative technologies and processes which can contribute to fighting climate change.

According to a release by the organization, while political will to tackle climate change is still weak, the will of creative and energetic entrepreneurs working in the field of climate innovation is on the increase.

WWF’s Climate Solvers programme recognizes climate innovations in key countries. In India WWF has announced its first selection of Climate Solver entrepreneurs under the Climate Solver Award 2012. The selection underscores both the benefit and opportunity for businesses to contribute to mitigate Greenhouse Gas and enhance energy access.

Climate Solver is a climate innovations platform developed by WWF to strengthen the development and widespread use of low carbon technologies, which radically or gradually reduce carbon dioxide emissions or provide enhanced energy access to the poor. The platform will stimulate the diffusion of innovative low carbon technologies and also generate awareness about them along with the overall value of innovation as an immediate and practical solution to climate change.

Ravi Singh, Secretary General and CEO, WWF India said, “With a platform like Climate Solver, we are hoping to provide simple and innovative solutions to counter the effects of climate change which can be scaled up over time.”

The release said climate innovation is also about business opportunities and poverty alleviation by avoiding wasteful consumption. The transition from a high-fossil-fuel economy to a clean, renewable energy economy requires new solutions, products, systems and services which will radically reduce climate impact. Such climate innovations are numerous, proven and available.

Further, innovations that have a good business case can instill confidence for policy makers to increase ambition so that these innovations can grow and create more jobs. Investors, business and policy makers all need to play proactive roles for major commercialization of climate positive solutions carried by entrepreneurs.

Singh added that, “Climate Solver looks to promote innovative low carbon technologies. In the first year itself, WWF-India received a number of entries from small and medium enterprises working across a range of climate change innovations, each of which was unique, intuitive, replicable and economically viable in its own way.”