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Trends in innovation in the green and blue economy

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.

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