New Delhi—The Global Innovation Lab for Climate Finance (“the Lab”) is pleased to announce that ECube Climate Finance (ECF) has joined as a member of the Lab. ECF co-founders Harish HV and Shankar Venkateswaran will immediately join the Lab’s India panel.
“ECF was founded to provide financial services and funds to mitigate adverse climate impact, and focus and catalyse the attention of India Inc on climate issues,” said Shankar. “The Lab’s work aligns perfectly with our mission, so we are excited to help expand the Lab’s visibility and impact in India.”
“We were also impressed with the Lab’s diverse network of public, private, academic and philanthropic members who are actively involved in supporting the Lab’s efforts to develop innovative finance instruments that will scale green investment in India and globally,” said Harish. “We are honored to be part of this group of climate leaders.”
Mahua Acharya, who is the Asia Director for Climate Policy Initiate, the Lab’s secretariat, said “ECF has an impressive team of financial and sustainability professionals with strong India and international experience. Their expertise will add significant value to the Lab’s regional and global efforts.”
The Lab, founded in 2014, has already endorsed nine India-focused climate finance instruments that address a range of issues from solar energy to sustainable transportation. Its 2020 class of climate finance instruments will be announced in September.
ECube Climate Finance (ECF) is promoted by ECube Investment Advisors. ECube — Engage and Empower for ESG — was founded in 2019 to launch pioneering climate finance company ECF, as well as India’s first active engagement ESG Fund focused on mid-market listed equities. Learn more at ECube Investment Advisors.
About the Lab
The Global Innovation Lab for Climate Finance identifies, develops, and launches innovative finance instruments that drive billions in private investment to action on climate change and sustainable development. The Lab is funded by the Australian Department of Foreign Affairs and Trade, Bloomberg Philanthropies, the German Federal Ministry for the Environment, Nature Conservation, and Nuclear Safety (BMU), GIZ, the International Fund for Agricultural Development (IFAD), the Netherlands Ministry for Foreign Affairs, The Rockefeller Foundation, Shakti Sustainable Energy Foundation, and the UK Department for Business, Energy & Industrial Strategy. Climate Policy Initiative serves as the Secretariat.