New Energy Nexus
For Clean Energy Programs In China
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Amount$400,000
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Program
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Date Awarded10/27/2018
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Term24 Months
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Type of SupportGeneral Support/Program
Overview
Early stage funding and support for clean energy is critical to delivering the technologies, products, and services required to deploy cost-effective and clean energy solutions at scale in any environment. This grant will facilitate $100 million of climate change mitigation funding in and out of China, for early stage ventures.
About the Grantee
Grantee Website
www.newenergynexus.com
Address
436 14th Street, Suite 1220, Oakland, CA, 94612, United States
Grants to this Grantee
for expanding climate finance work
Through a global network, New Energy Nexus launches and accelerates a portfolio of climate innovations from diverse entrepreneurs to solve climate change and create more equitable outcomes for all people. New Energy Nexus will implement pilot demonstration projects in the Chinese marketplace that drive a shift of financial flows from dirty to clean energy to accelerate and scale climate solutions. (Substrategy: Climate Finance)
for climate fintech program
New Energy Nexus seeks to capitalize on the current momentum toward rebuilding a greener economy post-COVID by leveraging their research and network to build a global climate fintech accelerator. This will be designed to foster financial technologies that catalyze decarbonization; integrate these innovations into global financial marketplaces and institutions; facilitate multi-regional stakeholder dialogue; and eventually launch accelerator hubs in China, Europe, and the United States. This grant helps New Energy Nexus take the first steps in this vision, establishing a first regional hub, securing corporate participation, and launching the climate fintech accelerator program. (Substrategy: Climate Finance)
