CIFAR Alliance
May 29, 2024
Exploring sustainable ventures, ecosystem support and emerging technologies
On May 28th, the CIFAR Alliance hosted a Brown Bag session to discuss trends, opportunities, and support mechanisms for climate innovation in the green and blue economies. The panelists Mary Kashangaki (FSD Africa), Hetal Patel (Mercy Corps Ventures), Thando Mazomba (Ocean Hub Africa), and Tyler Ferdinand (BFA Global) explored:
Trends and developments in climate-smart technologies
Venture launching and startup support
Case studies from pilot ventures
Key Takeaways:
There is a need to promote innovative solutions driving sustainability in the green and the blue economies
Entrepreneurs require supportive ecosystems that recognize local contexts, promote inclusivity, provide technical assistance, mentorship, and access to appropriate financing throughout the venture lifecycle
Ecosystem gaps and barriers hindering climate innovators must be addressed, including access to talent and retention, strategic partnerships, robust infrastructure, policy and regulatory obstacles
Building a seamless funding continuum is critical, with investors prioritizing customer-focused, affordable, and convenient solutions
Watch the full recording below.