Why Shell Foundation and 500 Global built an accelerator for Africa’s climate startups
- Countries in Africa, Latin America, and Asia are making critical decisions that will shape the world's carbon footprint.
- Manufacturing has shifted from the North, contributing to a greater share of global emissions.
- Local accelerators in emerging markets are often underfunded and limited in scope.
The focus on supporting climate startups in emerging markets is crucial for achieving a sustainable future. However, the reliance on grant funding and the challenges of scaling these businesses highlight the need for innovative financing solutions that can bridge the gap between early-stage support and commercial viability.
