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Credit: Karsten Würth

Applications open for Asia’s leading Climate Tech Accelerator Program

The Low Carbon Earth (LCE) Accelerator, renowned for its commitment to inclusivity, is back for its 4th edition. Partnering with the UN Environment Programme, the program is set to become Asia’s leading climate tech accelerator, fostering a diverse pool of innovative startups.

Earlier, fourteen climate-tech startups from across Asia pitched their innovative ideas to potential investors at the third edition of the LowCarbon.Earth Accelerator Program Finale 2023. The event, held in May 2024, was organized by the Massive Earth Foundation (MEF) in collaboration with the UN Environment Programme (UNEP) and UN Women.

The gathering brought together leading climate tech investors, startups, and sustainability experts, providing mentorship, networking opportunities, and potential funding avenues. The finale marked the culmination of a 12-week online workshop aimed at scaling businesses. Out of the 67 participating startups, 14 finalists were selected, including seven women entrepreneurs from India, Thailand, Pakistan, Mongolia, and Bangladesh, highlighting the significance of inclusivity and diversity in the climate tech sector.

Opening remarks by Mushtaq Memon (UNEP) and Shailesh Vickram Singh (MEF) emphasized the urgent need to address climate challenges and foster regional climate-positive solutions. Industry leaders like Vasudha Madhavan (Ostara Advisors), April Vano (Quest Ventures), and Anisa Keeratiworanan (Fullerton Fund Management) shared insights on crafting compelling pitches, integrating ESG principles to stand out in the market, and the role of private equity in decarbonizing Asia.

A key highlight was a panel discussion on ‘Funding and Scaling Asset-Heavy Sustainable Ventures,’ which delved into carbon accounting and the pivotal role of climate accelerators in catalyzing climate investments. Day two sessions focused on climate finance, revenue generation through carbon credits, scaling sustainable practices, and the evolving climate tech investment landscape. Experts such as Ely Sandler (Harvard Kennedy School) and Paula Mariwala (Aureolis Ventures) discussed the vast potential and growing market demand for sustainable solutions.

The 2023 LowCarbon.Earth Accelerator Program Finale concluded on a high note, with finalists praising the program’s collaborative efforts, insightful mentorship, and diverse curriculum. “Bonding with other great founders working towards a common goal and engaging with investors, mentors, and UN officials was the highlight of the program,” said one finalist.

The LowCarbon.Earth Accelerator Program Finale 2023 was made possible through the collaborative efforts of the Massive Earth Foundation, UNEP’s GO4SDGs initiative, and the EmPower: Women for Climate-Resilient Societies Programme (EmPower), jointly implemented with UN Women.

Over the past three years, the LowCarbon.Earth Accelerator has supported over 100 climate tech startups, helping them raise over $350 million, with 30% of these startups being women-led. The program actively supports initiatives led by youth and marginalized communities. Building on the success of previous editions, LCE 2024 is set to become Asia’s biggest climate tech accelerator.

The 12-week mentoring phase of the program will see CXOs and climate tech pioneers guiding the teams towards growth, culminating in a Demo Day in Bangkok, where founders will pitch their businesses to top climate tech investors worldwide. The 2023 edition attracted over 400 applications from 30+ countries, resulting in a highly successful Investor Forum Demo Day in Bangkok.

Calling for Applications! Join LowCarbon.Earth 2024 – the largest climate tech accelerator program for startups in Asia and the Pacific. 

For more information, visit LowCarbon.Earth.

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Yajush Gupta

Yajush Gupta

Yajush is a journalist at Dynamic Business. He previously worked with Reuters as a business correspondent and holds a postgrad degree in print journalism.

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