UNIDO showcases ‘Made in India’ climate technology solutions
19 September 2024
Caption: FLCTD aims to unlock India’s innovation and entrepreneurial capabilities to identify innovative technology solutions with the potential to save energy and reduce greenhouse gas (GHG) emissions.
The United Nations Industrial Development Organization (UNIDO) reaffirmed its support for India’s efforts toward its climate and net-zero development goals by showcasing 18 innovative climate-tech solutions at the Energy Efficiency Summit 2024, organized by the Confederation of Indian Industry (CII) this month.
These adoption-ready industry solutions have been validated under UNIDO’s Facility for Low Carbon Technology Deployment (FLCTD), which was launched in 2016 by UNIDO, the Global Environment Facility (GEF) and the Bureau of Energy Efficiency (BEE) of the Government of India, to identify innovative technology solutions with the potential to save energy and reduce greenhouse gas emissions.
As part of the Summit, the FLCTD Project was awarded the CII High-Impact Program for Energy Efficiency 2024 as part of its National Award for Excellence in Energy Management.
Caption: As part of the Summit, UNIDO’s FLCTD Project was awarded the High-Impact Program for Energy Efficiency of 2024 as part of CII's National Award for Excellence in Energy Management.
"FLCTD, in collaboration with CII and BEE, has created this valuable opportunity for the entire ecosystem to meet, understand what each can offer to the others, and contribute to the energy savings we want to achieve in India and beyond," said Gerswynn Mckuur, Industrial Development Officer.
Since its inception, the FLCTD has implemented six annual innovation challenges and selected 88 winning innovations for scale-up and commercialisation. So far, the project has committed INR 30.6 crores (USD 3.8 million) to the winners towards business mentoring and technology validation. Additionally, 67 climate-tech startups, including 17 firms led by women, have received mentoring support through the low-carbon accelerator programme.
Caption: FLCTD works to strengthen the climate-focused technology transfer ecosystem in India by providing capacity building training and financial support to nurture high-potential low-carbon technology innovations.