EU's opens applications for €10 billion clean tech innovation fund - and so should India! - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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Net Zero by Narsi is a series of brief posts by Narasimhan Santhanam (Narsi), on decarbonization and climate solutions.
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EU’s opens applications for €10 billion clean tech innovation fund – and so should India!

EU has been at the forefront of sustainability actions – not just issued bold statements, also bold actions.

Did you know that it has a Euro 1 TRILLION Green Recovery plan to align large scale investments and actions over the next few decades aligned to sustainability?

As part of this goal, the EU announced a Euro 10 billion war chest to be spent over 10 years to bring clean energy innovations to market. (Read more – )

While I heard many significant investment announcements in Nirmala Sitharaman’s 2021 budget. I don’t remember large scale budgets for green & clean energy innovation being one of them. Sure, there were announcements for innovations in general, but nothing specifically for cleantech innovations.

India is the world’s third large CO2 emitting nation – emissions from all EU countries together are only slightly higher than ours. We too need a bold budget for green energy innovation. Talk is all fine, but without SERIOUS investments in innovation, we would be left borrowing clean technologies from outside for decades.

With hopes – EAI INCLINE!

See my LinkedIn post on this topic

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About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

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