Adaptation and resilience-building solutions are needed urgently around the world. In fact, recent studies suggest that they are needed even more quickly than previously thought. However, despite the clear need for companies developing such solutions, there is a lack of capital available for businesses.
In this new podcast episode, dig deeper into the need for adaptation and resilience solutions, why there is a gap in finance available and what more can be done to support businesses working in this vital sector.
We hear from Dr Amal-Lee Amin, Managing Director and Head of Climate Change at British International Investment, as well as the two winners of the recent Climate-KIC and BII Adaptation and Resilience Challenge and Accelerator Awards.
The awards recognise innovative start-ups developing solutions to the climate impact challenges affecting communities in developing countries. The Challenge was won by DropAccess, a Kenyan start-up that produces solar-powered fridges, and we spoke to the company’s CEO and Founder, Norah Magero.
The Accelerator (given to a company at a more mature stage of development) was won by EF Polymer, which has developed a biodegradable product from biowaste to help reduce farmers’ water consumption in India. We spoke to its Co-Founder Puran Singh Rajput.