EKI Energy, First Source launch climate edtech, finance venture


Carbon credits developer EKI Energy Services has joined hands with First Source Energy India and its promoter and promoter group to establish a climate edtech and climate finance marketplace.

The joint venture will be named ClimaCool Projects & EduTech Ltd. It will facilitate mobilisation of funds to drive investments for strategic climate interventions like community-based projects, sustainability and renewable energy projects amongst others across the globe.

With a deep focus on developing a strong talent pool for the country’s rapidly growing climate change industry, the joint venture will drive focused educational initiatives and offer specialized courses across a range of climate subjects including carbon market, carbon accounting, carbon credits, climate finance, renewable energy, electric vehicle, green hydrogen, ESG, net-zero amongst others.

The entity will develop projects that will enable rural homes with easy access to climate-friendly technological solutions for basic home needs like cooking, drinking water and lighting. These projects will also strengthen the backward integration of carbon credit supply chain with credits with its GHG (Greenhouse gases) mitigation capabilities.
The venture will organize EdTech events, workshops and webinars in close consultation with industry leaders and experts to drive focused educational initiatives for professional training and capacity building. It will provide a platform to aggregate climate dedicated funds from the global market for investments across energy efficient projects.

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