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Massive Earth Foundation and UNEP launch 5th edition of LowCarbon.Earth

Entrackr · 1m ago

Medial

The Massive Earth Foundation, in partnership with the United Nations Environment Programme (UNEP), has launched the 5th edition of its climate startup accelerator, LowCarbon.Earth, on World Environment Day at the India Habitat Centre in Delhi. The event was inaugurated by former MoEFCC (Ministry of Environment, Forest and Climate Change) Secretary Leena Nandan and saw participation from delegates of UNESCO, UNEP, NPC, APC, and senior IAS officers. Started in 2021, LowCarbon.Earth helps early-stage climate tech startups through a venture capital (VC) framework. So far, it claims to have supported over 180 startups, helped deploy $350 million in funding, and driven global partnerships for climate innovation. The accelerator focuses on key sectors like air and plastic pollution, EV mobility, agriculture, and waste management, offering mentorship, funding access, and support from UNEP. It encourages applications from women-led, youth, and marginalized community founders. “These startups not only succeed in cutting down carbon emissions, supporting the circular economy, and building sustainable solutions but also achieve this while generating wealth. With the right support, framework, and financing, building sustainability can become a highly profitable venture,” said Vinutha Raju, Program Head at MEF. Startups can now apply for the 5th edition at Lowcarbon.earth. The initiative aims to promote a green, circular economy and achieve net-zero targets by 2030.