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Call For Innovation

This initiative is funded by HCL Group and designed and managed by India Climate Collaborative.

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The HCL ClimaForce Fund supports Indian climate innovators by providing commercial pilots and expertise to scale low-carbon technologies, focusing on cooling, buildings, and freight mobility sectors.

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While many innovative, low-carbon solutions exist in the market, several factors hold them back from scale

Limited awareness: Businesses are not fully aware of low-carbon alternatives and default to traditional options

Limited evidence of success: New innovations lack demonstrable evidence of their success in commercial settings

Financial and operational risks: Adopting new solutions can often seem risky for businesses and face challenges in deployment

Lack of an enabling environment: Innovators face multiple challenges, from not being able to access markets to overcoming industry and policy biases towards existing solutions

Problem Statement

https://www.youtube.com/watch?v=0r_4gW2C4pw

Introduction Video

The HCL ClimaForce Fund facilitates pilot projects between high-quality innovations with businesses that can benefit from them. We also provide grant funding, technical expertise, partnership opportunities, and third-party monitoring and verification.

Program Benefits

Pilot your low-carbon solutions with credible industry players

Innovators Benefit 1

Receive grant funding and mentorship by industry experts

Innovators Benefit 2

Demonstrate the value of your solution through third-party monitoring and verification

Innovators Benefit 3

Access a network of investors and potential adopters to scale uptake

Innovators Benefit 4

Innovators

Access high-impact solutions curated by a jury of technical experts, practitioners, and investors

Industry Benefit 1

Pilot cutting-edge, market-ready solutions aligned with your ESG goals

Industry Benefit 2

Reduce financial and operational risks of new solutions through grants and technical support

Industry Benefit 3

Become a sustainability leader, backed by evidence from third-party monitoring and verification

Industry benefit 4

Industry

Three sectors in India are at the cusp of exponential growth, in terms of both market potential and carbon emissions.

Sectors In Focus

With temperatures on the rise, access to cooling is critical for India’s people.  Demand is set to grow eightfold by 2038 (India Cooling Action Plan). Cooling is energy intensive and uses potent greenhouse gases as refrigerants, making low-carbon alternatives a priority for this sector.

Cooling

India is urbanising rapidly, with building space projected to more than double by 2040 (International Energy Agency).The buildings sector contributes more than 20% of India’s total emissions, from both energy use and embodied carbon (Climate Transparency Report).

Buildings

Over 70% of India’s goods move by road, making road freight a critical part of India’s economy (Ministry of Road Transport and Highways).Freight emissions are projected to increase by 451% by 2050. Road freight is the largest contributor, accounting for 95% of freight’s CO2 emissions in 2020 (NITI Aayog and RMI).

Freight Mobility

The initial phase of the HCL ClimaForce Fund will focus on two sectors in India:CoolingBuildings 

If you are an innovator with an impactful, market-ready solution

Innovator

If you are an industry leader with ambitious sustainability goals

Industry Leader

built by HCL Group & India Climate Collaborative

Built by HCL Group & India Climate Collaborative

<ul><li>With temperatures on the rise, access to cooling is critical for India’s people. Demand is set to grow eightfold by 2038 (India Cooling Action Plan). </li></ul> <ul><li>Cooling is energy intensive and uses potent greenhouse gases as refrigerants, making low-carbon alternatives a priority for this sector.</li></ul>

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<ul><li>Over 70% of India’s goods move by road, making road freight a critical part of India’s economy (Ministry of Road Transport and Highways).</li></ul> <ul><li>Freight emissions are projected to increase by 451% by 2050. Road freight is the largest contributor, accounting for 95% of freight’s CO2 emissions in 2020 (NITI Aayog and RMI).</li></ul>

Freight mobility

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Aboutus

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The HCL ClimaForce Fund aims to accelerate low-carbon innovations in India’s cooling, buildings, and freight mobility sectors. Over five years, the INR 25 crore fund will take 20+ high-impact solutions to scale, through targeted grants, technical support, and access to markets.

<ul><li>India is urbanising rapidly, with building space projected to more than double by 2040 (International Energy Agency).</li></ul> <ul><li>The buildings sector contributes more than 20% of India’s total emissions, from both energy use and embodied carbon (Climate Transparency Report).</li></ul>

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Limited awareness

Limited evidence of success

Financial and operational risks

Lack of an enabling environment

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The initial phase of the HCL ClimaForce Fund will focus on two sectors in India:<ul><li>Cooling</li><li>Buildings </li></ul>

HCL ClimaForce Fund is a five-year, INR 25 crore initiative that aims to take 20+ high-impact, low-carbon innovations to scale. The initiative provides grants, mentorship and industry partnerships to accelerate low-carbon growth in three key sectors: buildings, cooling, and freight mobility. The first phase of the initiative focuses on buildings and cooling. This page introduces the problem statement, the benefits of the program for innovators and industry, and the sectors in focus. This initiative is built by HCL Group and India Climate Collaborative.

HCL ClimaForce Fund is a five-year, INR 25 crore initiative that aims to take 20+ high-impact, low-carbon innovations to scale. The initiative provides grants, mentorship and industry partnerships to accelerate low-carbon growth in three key sectors: buildings, cooling, and freight mobility. The first phase of the initiative focuses on buildings and cooling. This page introduces the problem statement, the program benefits for innovators and industry, and the sectors in focus. This initiative is built by HCL Group and India Climate Collaborative.