Funders

 

 

Shakti Sustainable Energy Foundation 

Shakti Sustainable Energy Foundation works to strengthen the energy security of the country by aiding the design and implementation of policies that encourage energy efficiency as well as renewable energy. Based on both energy savings and carbon mitigation potential, it focuses in four broad sectors: Power, Transport, Energy Efficiency and Climate Policy. Shakti acts as a systems integrator, bringing together key stakeholders including government, civil society and business in strategic ways, to enable clean energy policies in these sectors.

 

The German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) 

This program is a part of the International Climate Initiative (IKI), wherein funding is provided for climate protection projects in developing countries, newly industrializing countries and transition countries of Central & Eastern Europe. The German Federal Ministry for the Environment, Nature Conservation, and Nuclear Safety (BMU) supports this initiative on the basis of a decision adopted by the German Bundestag. The IKI places clear emphasis on climate change mitigation, adaptaion to the impacts of climate change and protection of biological diversity. The IKI focuses on four areas: mitigating greenhouse gas emissions, adapting to the impacts of climate change, conserving natural carbon sinks with a focus on reducing emissions from deforestation and forest degradation (REDD+), as well as conserving biological diversity. For the first few years the IKI was financed through the auctioning of emission allowances, but it is now funded from the budget of the BMU. Accordingly, the IKI is a key element of Germany’s climate financing and the funding commitments in the framework of the Convention on Biological Diversity. These efforts provide various co-benefits, particularly the improvement of living conditions in partner countries. 

 

Pirojsha Godrej Foundation

The Pirojsha Godrej Foundation was established in 1972. It is a Public Charitable Foundation that promotes education, environment, healthcare etc. amongst its many charitable activities. Significant contributions are made to promote sustainability, climate change, energy efficiency and conservation of wildlife. Affordable healthcare is promoted through the Godrej Memorial Hospital.

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