How can deliberate climate outreach strategies spur clean tech solutions in developing countries? Who are the clean tech innovators and what are their answers to climate change? What are Climate Innovation Centers (CICs)?
Know the answers to these questions and how the Climate Technology Program (CTP) helps developing countries to pro-actively and profitably take part in the ongoing "clean technology revolution."Launch the eUpdate
March 27 will mark the official launch of the Ethiopia Climate Innovation Center (ECIC), a new business hub designed to support local clean energy and climate technology ventures and create green jobs in the region.
The business hub is now accepting applications for grants of up to $50,000
The Caribbean Climate Innovation Center (CCIC)—a hub designed to help clean technology ventures transform the region to a low-carbon economy and create green jobs—launched yesterday in Freeport, Trinidad & Tobago.
The Kenya Climate Innovation Center identifies and supports groundbreaking technologies and innovative business models that can turn climate challenges into opportunities for sustainable growth. It is the first of its kind in the world and in December, a little over a year after its launch, it was time to take stock of its main successes, challenges and lessons learned.
The Climate Technology Program eUpdate is an interactive new media newsletter that presents the work of the program. Know more about the eight Climate Innovation Centers (CICs) we are launching globally, and the promising climate change solutions that our partners are developing to service their communities and the world.
The findings from the community outreach conducted for this report do not present a one-size-fits-all solution to implement inclusive green growth strategies across all developing countries. Hence, these findings are observed in light of the Gauteng CIC, which aims to facilitate and foster innovative clean technology entrepreneurship within the context of the surrounding township communities.
The Climate Technology Program (CTP) is housed at infoDev, a global technology and entrepreneurship program in the World Bank Group. The CTP supports the private sector in developing countries - targeting SMEs and entrepreneurs - to innovate novel technologies and business models to address local climate challenges.
infoDev's Climate Technology Program (CTP) aims to accelerate the development, deployment and transfer of locally relevant climate technologies. The program’s flagship activity is the design and implementation of CICs, which are currently planned in seven locations: Kenya, India, Ethiopia, South Africa, Morocco, Vietnam and the Caribbean. Each CIC represents a holistic and tailored approach to innovation through financing, business advisory, policy advocacy and technical assistance. This effectively harnesses economic opportunities in developing countries through entrepreneurship and small and medium enterprise (SME) development in the climate technology sector.
Business plan development is part of the feasibility phase of the CIC process. During this phase, infoDev conducts a feasibility analysis via an in-country multi-stakeholder engagement process and sector mapping exercise of the climate innovation landscape.
Climate change is affecting ecosystems around the world, with some of the world’s poorest nations suffering the worst of the effects. As the consequences of increased emissions, deforestation, and other climate challenges become more drastic, global economic growth will increasingly be limited by issues of energy and resource access, security, and volatility. The Climate Technology Program is funded by the Australian Agency for International Development (AusAID), the Danish International Development Agency (DANIDA), UK’s Department for International Development (DfID), the government of Norway, and the World Bank. It aims to transform climate change challenges into market opportunities by offering a suite of local and global programs and financing that build in-country and international innovation capacity in cleantech. As a result, the CTP enables developing country entrepreneurs to be more proactively and profitably involved in one of the most promising sectors of the 21st century.
The CTP’s flagship initiative is the network of Climate Innovation Centers, or CICs. The CICs are entrepreneur and new venture support facilities tailor-made to respond to a country’s development challenges. They provide holistic support that goes beyond traditional incubation, including seed financing facilities, specialized policy interventions and specific network linkages as well as technical facilities, and business training.
On the global level, CTP drives clean-tech innovation by packaging and sharing knowledge from the CICs through our Climate TRACK initiative, mobilizing funds for high-impact technologies through the IGNITE Fund, linking promising companies with global partners and mentors through our cutting-edge Market CONNECT platform, and deploying Impact Xchange—a custom enhanced impact monitoring tool—along with the training to build up the CIC and host-government capacity.
For a deeper look at our Climate Technology Program, check out its chapter in our Work Program.Read More