Thursday
April 6
2023

Equator Secures $40 Million in Commitments for Fund Targeting Climate Tech Startups in Africa

By Tage Kene-Okafor

Africa contributes less than 3% of the world’s energy-related carbon dioxide emissions but the continent will be one of the most impacted by the adverse effects of climate change. Some explanations for Africa’s vulnerability include poor diffusion of technologies and information relevant to supporting adaptation, usually provided by clean or climate tech companies.

Photo courtesy of andreas160578.

Source: Tech Crunch (link opens in a new window)

Categories
Environment, Investing, Technology
Tags
climate change, impact investing, startups