A new plan to help deliver clean and affordable technology across the world by 2030 is being hailed as another COP26 milestone by Boris Johnson. A total of 40 nations are backing the ‘Glasgow Breakthroughs’, to give developing countries access to the innovation and tools needed to make the shift to net zero carbon emissions. The Government believes the initiative can create 20 million new jobs globally and add over $16 trillion to the economies of both emerging and advanced economies. This comes as the value of London climate technology startups aiming to solve the crisis has passed £20bn.

JPIN Venture Catalysts Ltd (JPIN VCATS), a world-leading startup investment bank, has joined Cambridge Cleantech as an ‘Investor in Residence’ with a lead focus on UK-India opportunities, alongside business leaders including fellow investors, corporates, entrepreneurs, academia and government.

In the past five years, UK-based companies have raised $4.3bn, a figure surpassed only by the US, China and Sweden. However, with increasing concern that more needs to be done across the business community to achieve this vital target, the race to find and fund the green and cleantech startups of the future is well and truly on.

Charged with preparing a robust ecosystem of green and cleantech innovation ahead of increased regulation, stealth competition, and increasing societal demands – significant global pressure rests on the shoulders of leaders at November’s COP26. Supporting an increasing shift to drive green innovation; research from JPIN VCATS, commissioned in 2021, found that 45% of UK investors plan to back green and cleantech start-ups in the coming years.

Already the leading conduit in hosting and strengthening investment relations between the UK and India, JPIN VCATS – through its global proprietary network of family offices iinstitutions, and strategic mentors – aims to help green and cleantech start-ups with global expansion across Asia, Africa, and Latin America. Their target is to enable startups throughout their journey to scale and to help them become Decacorns (valued at over $10 billion).

Nayan Gala, founder of JPIN VCATS, comments:

“The entire team at JPIN VCATS are incredibly excited to join the Cambridge Cleantech team, a decision that truly reflects our long-term commitment to supporting sustainability in business.

Reaching net zero is perhaps the greatest challenge society has ever faced. Deadlines are tight, and many of the technologies we’ll need to succeed don’t yet exist or need significant refinement, meaning businesses need to act now. A key part of the growth journey of any innovator is the international expansion that is to come, something that JPIN VCATS specialise in. This week’s COP26 summit will further the UK’s reputation as a world leader on climate change and we hope to be a part of that by providing startups with the tools they need to reach their potential in this space.”