Oakland, 1 November 2023 – 100 climate tech startups have been selected for the NEX COP28 Climate Tech Startup Accelerator, with over 80% representing climate solutions from the Global South.
New Energy Nexus and COP28 have partnered to deliver the first climate tech program of its kind leading up to COP28, the global climate summit this year hosted in Dubai. We’re thrilled to announce that these 100 diverse climate tech startups have been selected to be part of this one-of-a-kind-program.
“From energy efficiency to mobility and AgTech, these 100 startups represent grassroots solutions from the regions of the world that need massive investments in climate innovation,” said Danny Kennedy, CEO of New Energy Nexus.
“If the world is to transition to 100% clean energy for 100% of the population, then we need more thriving entrepreneurs deploying bundles of solutions, especially in the global South. This accelerator program builds on New Energy Nexus’ 20 years of experience in growing clean energy startups around the world and will help equip these entrepreneurs with the skills and networks to help them grow.”
Highlights from the applicants accepted into the program:
- Over 80% from the Global South, with 23% from South Asia, 21% from Africa, and 15% from Southeast Asia.
- One-third of the startups accepted have at least one woman on the leadership team.
- Over 70% of startups accepted are in the early stage in pre-seed and seed stages of investment funding.
- At the minimum, startups have a working prototype and most have some initial revenue.
The one-month accelerator program aims to support the growth of selected startups, access to financing and commercial partnerships, and support expansion in new geographies. Selected startups will also have the opportunity to showcase their solutions onsite at COP28 in the UAE.
For further information, including information on selection criteria and a detailed FAQ, please visit our website.
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About COP28 UAE
COP28 UAE will take place at Expo City Dubai from November 30-December 12, 2023. The Conference is expected to convene over 70,000 participants, including heads of state, government officials, international industry leaders, private sector representatives, academics, experts, young people, and non-state actors.
As mandated by the Paris Climate Agreement, COP28 UAE will deliver the first ever Global Stocktake – a comprehensive evaluation of progress against climate goals.
The UAE will lead a process for all parties to agree upon a clear roadmap to accelerate progress through a just and orderly global energy transition and a “leave no one behind” approach to inclusive climate action. Stay connected with COP28’s progress by following COP28 on: