New Delhi, Nov 11 (KNN) To support climate-smart small and medium-sized enterprises (SMEs) through the development of tailored financial mechanisms, SEED Practitioner Labs Climate Finance is going to organize SCALE-UP LAB on 25 November 2020. It is a public showcase of innovative climate finance solutions on digital platform.

The solutions co-created during the labs process address some of the major financing challenges faced by SMEs, and depend on a community of private and public sector actors to drive the transition to an inclusive and climate-smart economy in India and beyond.

SEED is a global partnership for action on sustainable development and the green economy. SEED is based on the understanding that the promotion of social and environmental entrepreneurship is pivotal for environmentally friendly and socially inclusive development and poverty reduction.

Four Challenge to climate smart solution are;

Mainstreaming credit assessment and appraisal to accelerate the access to finance for solar MSMEs in India, hosted by Tata Cleantech

Supporting MSMEs to reduce CO2 emissions by adopting energy efficiency, hosted by Mahindra & Mahindra

Democratizing blended finance to maximise impact on climate resilient agriculture through supporting agri-tech SMEs, hosted by ALSiSAR Impact

Facilitating access to climate finance for MSMEs by an online solution, hosted by Intellecap

MSME may register by 20th November via lab-india@seed.uno