Supporting MSMEs in the supply chain to reduce emissions by adopting energy efficiency measures | Climate Finance, India 2020
The financing solution developed by Mahindra & Mahindra aims to incentivise MSMEs in the supply chain to take up energy efficiency. It comprises a benchmarking of energy saving technology, a central repository of suppliers of energy-saving technology, template policy documents to be signed between supplier and OEMs, financing through carbon markets and adopting Techno-commercial energy efficiency technologies in Geographical cluster by OEM anchor led approach.
SEED Practitioner Labs Climate Finance in India engaged financial institutions, funders, intermediaries and other SME ecosystem stakeholders over a multi-step process to co-create innovative climate finance products and mechanisms that extend access to long-term financing opportunities for “missing middle” small and growing climate-smart enterprises that struggle to advance beyond the start-up stage and multiply their contributions to climate-smart and socially inclusive economies.