Our guests today are Simmi Sareen and Shravan Shankar, co-founders of Climake at Unitus Capital. Climake is a growth platform for climate tech startups to access markets and access equity and non-dilutive capital. In this conversation, Simmi and Shravan discuss their second annual report on the state of climate finance in India, in which they note that climate tech financing increased 4X in 2021, and is inching towards mainstream finance.

Notes:

(00:40) Intro to The Daily Tech Conversation

(00:51) Our guests today — Simmi Sareen, Director at Unitus Capital and co-founder, Climake, and Shravan Shankar, co-founder of Climake

(02:04) A brief background on Simmi and Shravan’s work at Climake

(04:23) How Shravan got interested in sustainability ecosystem development

(07:20) The latest report on the state of climate finance in India

(07:56) Some context about the state of climate action in India

(10:47) India’s net-zero goal

(13:04) The main findings in the climate finance report 2022

(16:51) How climate action will work in practice

(22:00) More on the move from productivity-based action to embracing more radical innovations

(26:49) Financing of climate tech innovations

(30:02) More about fractional ownership of assets

(31:46) Trading of such assets, and green bonds

(32:50) Looking ahead, three to five years, at how climate finance could evolve

More about Climake and the Climate Finance report

https://climake.co/