In Washington, Partnering for Green Growth and the Global Goals 2030 (P4G) announced $6.5 million in grant funding and technical assistance for 17 new startup partnerships in Africa, Latin America, and Southeast Asia. This funding will help early-stage businesses become investment ready so they can scale climate solutions such as solar-powered battery charging hubs, biodiesel production, climate smart agriculture to improve yields and farmer incomes, and rooftop tiles that can integrate solar panels and collect rainwater.
By 2026, this group of partnerships aims to collectively leverage US $95 million in investment, create more than 1,700 new jobs, benefit about 1.3 million people in these countries, and reduce or avoid around 900,000 metric tons in carbon emissions.