The Engine that Fuels Founders
TechnoServe is a global leader in micro, small, and growing business acceleration, managing a successful portfolio of 47 programs across 30 countries. We work directly with businesses and across whole market systems to make them more sustainable — environmentally, socially, and commercially. Our initiative Greenr Sustainability Accelerator aims to scale up exceptional startups by linking them to knowledge, capital and markets.
The founders in our portfolio initiate chain reactions, leaving a positive economic, environmental, and social impact on producers, consumers and the ecosystem at large. Through more than 50+ years of technical experience and continuous iteration, we transform passion into revenue and innovators into CEOs.
Why Scale Green Startups Now?
We believe that the innate sense of innovation, agility and passion that startup founders bring to the environment action mission can leave a compounding effect. Creating a Green Revolution with you is the key to solving the wicked problems that need urgent disruption.
The earth is hotter by 1°C from pre-industrial levels. Don’t be fooled; its repercussions are dire. Heat waves have already impacted the livelihoods and well-being of 123 million of us across the globe. Forest wildfires start more quickly and spread more rapidly, depleting our sources of oxygen. Microplastic pollution has migrated up the food chain, becoming a part of the food we eat —you get the drift. Human Life hangs in the balance.
As the world slowly but surely moves towards achieving the 2050 Net Zero target, there is a gap of nearly 35 GtCO2 emissions per year. Only 25-30% of this gap can be addressed by existing solutions. To address the remaining 70-75% gap, we need to innovate rapidly across spheres.
Good COP, Bad COP
Since 1995, governments have met year after year to find solutions to Climate Change and Environmental Degradation. Even so, building consensus between countries has been a herculean task. In 2009, at COP-15 in Copenhagen, wealthy countries promised to mobilize $100 Bn by 2020 to support Climate Action in developing countries. It’s taken over a decade for the countries to create a Loss & Damage Fund at COP-27; and could take even longer to operationalise it effectively.
One would posit that corporations could be more efficient in getting the job done: take on Carbon Neutrality as KPIs. Yet, only a handful are rethinking their business models from a Climate Action lens. And the critical question still remains unanswered: Can legacy players (read: polluters) change themselves and participate in saving the world?
The Power is Ours
But this isn’t a doomsday prophecy. This is a clarion call to join forces, to create exponential impact and accelerate it. The mantle now falls on us. The world urgently needs green products and services, and you are providing them. With our support, the scale you achieve can speed up environmental restoration and mitigate climate change. While MNCs and governments make elephantine progress, startups committed to environmental action are quickly gaining share in the market estimated to reach $44 - 45 Bn*. Venture capitalists across the globe have invested nearly $296 Bn in the sector.
The world needs you - Environment Action Entrepreneurs, now more than ever!