UNIDO GCIP — Cleantech Accelerator

Supports

Cleantech innovation and entrepreneurship for climate action Climate change is a global challenge requiring urgent action. At the same time, the demand for energy and resources keeps increasing, especially in emerging markets and developing economies. Achieving the Paris Agreement goal of limiting global warming to 1.5°C over the century requires significant reductions in GHG emissions by 2030. This calls for, among others, rapid development, deployment and adoption of innovative cleantech solutions at a scale and pace that will bring about transformational change without compromising economic and industrial development. Innovative cleantech entrepreneurship plays a key role in climate action by supporting the transition towards sustainable economies while also creating green jobs. Being the engines for growth and innovation, small and medium-sized enterprises (SMEs) can lead this transition by developing cutting-edge technologies, products and services. Understanding the potential of innovation and entrepreneurship, the United Nations Industrial Development Organization (UNIDO) has established the Global Cleantech Innovation Programme (GCIP) to promote cleantech innovation and entrepreneurship to address urgent environmental challenges. The Global Environment Facility (GEF) is a key partner for GCIP, as well as the Green Climate Fund and other bilateral partners. Bridging ‘the valley of death’ While cleantech SMEs have limitless potential for new innovative ideas, they often find it difficult to bring their solutions to market. They encounter serious barriers to business and technology development, referred to as “valley of death”, that they have to cross to ensure traction, growth and scale-up. To bridge the “valley of death”, GCIP brings about transformative change through two main interventions: (1) direct support to emerging SMEs offering innovative cleantech solutions and (2) development and strengthening of cleantech innovation and entrepreneurship ecosystems (CIEEs). Bringing transformative cleantech solutions to market GCIP nurtures early-stage SMEs developing cleantech through a comprehensive end-to-end solution of progressive business acceleration services, including (1) pre-accelerator, (2) national and global accelerators, (3) advanced accelerator and (4) post-accelerator support. SMEs are equipped with the necessary skillset to develop and validate robust business models. At the same time, cleantech innovation and entrepreneurship experts (trainers, mentors and judges) are trained to support entrepreneurs along their journey. GCIP facilitates SMEs financing opportunities by connecting investment-ready businesses to relevant financing partners, nationally and globally. Through collaboration with GCIP, investors gain exclusive access to credible cleantech solutions with high-impact potential. Strengthening and connecting cleantech innovation and entrepreneurship ecosystems To ensure the long-term functioning and sustainability of its interventions, GCIP builds, strengthens and connects CIEEs in participating countries. Under this component, GCIP offers national institutions (government entities, R&D organizations, industry associations, business platforms, gender-focused organizations, etc.) capacity-building training and disseminates guidance on global best practices for the strengthening of policy and regulatory frameworks. The programme also enables knowledge creation and exchange to promote collaboration and synergies across CIEEs. Global Cleantech Innovation Index The Global Cleantech Innovation Index is a publication of the programme to share knowledge on the innovation ecosystems in the GCIP countries. Innovation indices are tailored to the GCIP programme, taking into account its priorities. Global Cleantech Innovation Index is a policy tool for the GCIP partner country governments that provides benchmarked data and insights into best practices for robust CIEEs. GCIP provides a coordination platform to ensure effective collaboration and guide decision-making processes around innovative cleantech solutions. As an integral part of programme connectivity, GCIP organizes an annual Global Forum to enhance networking among cleantech innovation and entrepreneurship stakeholders by giving them opportunities for the exchange of best practices and lessons learned. Applying gender-focused approach Climate change disproportionately affects women, particularly in emerging markets and developing economies. The guiding principle of GCIP is that of equal opportunities for women and men to lead, participate in and benefit from all GCIP interventions both at managerial and technical levels. GCIP strives to empower women entrepreneurs to develop businesses and products that support a greener future. GCIP promotes greater involvement of women entrepreneurs in its accelerator programmes not only as direct acceleration beneficiaries but also as mentors, coaches and judges. GCIP has already demonstrated higher levels of women’s participation than other accelerator programmes worldwide during its first phase, with approximately 25% of the more than 1,000 alumni being women-led entrepreneurs. Through targeted e­fforts and updated mainstreaming strategies, GCIP will continue to promote gender equality during its second phase of implementation (2022-2026). Building GCIP community GCIP comprises a wide network of more than 15 countries including Cambodia, Indonesia, Kazakhstan, Moldova, Mongolia, Morocco, Namibia, Nigeria, Pakistan, Senegal, South Africa, Turkey, Ukraine, Uruguay, and Viet Nam. The total programme budget amounts to more than USD 27 million. By 2025, GCIP is expected to expand further to at least 25 participating countries. Creating impact GCIP fosters investment-ready and scalable cleantech solutions, selected for their economic viability, environmental sustainability as well as social and gender-specific impacts. The acceleration is directly linked to the country regulatory and policy support and capacity-building interventions, uniquely placing the programme among other similar initiatives because of its normative component. GCIP has well-established expertise in the cleantech sector and understands well industry-specific circumstances. The programme is uniquely designed to support cleantech innovation and entrepreneurship in emerging and developing economies. GCIP services are tailored to meet the needs of cleantech SMEs and governments and to subsequently lead to a steady socio-economic growth, along with environmental benefits. GCIP creates fast-growing and dynamic networks of entrepreneurs, policymakers and regulators, R&D experts, NGOs, industry leaders and investors. These networks continue their activity after the GCIP intervention finishes, being independent and bearing a considerable potential for further growth. GCIP aims to support at least 1,250 SMEs until 2025, of which 35-40% are women-led. As a result, GCIP expects to cumulatively mitigate direct GHG emissions of at least 2,225,000 CO2e and indirect emissions of at least 11,275,000 CO2e. GCIP’s mission is to contribute to climate change mitigation and deliver environmental and socio-economic co-benefits, including job creation, gender and youth mainstreaming and economic growth by harnessing the catalytic transformative potential of innovation and entrepreneurship. Hunger and poverty, climate change and environmental degradation are the key challenges we face today. Globally over 185 million are unemployed, and over two billion people work in the informal economy in jobs characterized by a lack of basic protection, while women and young people fare significantly worse and the poorest are hit the hardest. As a multilateral player leading the debate on solving these challenges through sustainable industrial development, UNIDO is a global platform driving the industrial policies, technical cooperation and investment promotion activities which lead to industrial and economic transformation and the creation of decent jobs and long-term perspectives where they are needed most. UNIDO's work focuses on three thematic areas: Fair and sustainable global and regional supply chains; Ending hunger through innovation and local value addition; Renewable and clean energy, sustainable energy access and climate action UNIDO also has cross-cutting priorities: Industrial and economic policy advice; Skills development; Digitalization and artificial intelligence; Gender equality, the empowerment of women and supporting youth; Cleaner production and circular economy; Leveraging private sector investment and development finance Together, these three thematic priorities and the six cross-cutting priorities shape the full scope of our work. Renewable and clean energy, sustainable energy access and climate action Even though developing countries have historically contributed the least to global greenhouse gas emissions, they are the most severely affected by the impacts of climate change. Ensuring universal access to clean energy and decoupling economic growth from emissions is essential to building a sustainable and prosperous future. Industry accounts for nearly 30% of global greenhouse gas emissions. Industrial growth drives social and economic progress, but it must not come at the expense of the environment. UNIDO is committed to promoting sustainable economic growth while reducing harmful emissions. For this, UNIDO facilitates climate technology transfer, advancing a just energy transition and industrial decarbonization. UNIDO’s technical expertise span energy efficiency optimization, renewable energy and green low-emissions hydrogen, low-carbon industrial processes, adaptation technologies and climate-resilient manufacturing. UNIDO works with partners such the GEF and the Multilateral Fund for the Implementation of the Montreal Protocol (MLF), on large-scale projects to implement the Paris Agreement and support Member St