announcements
Home > Announcements > MoU for clean energy business models

MoU for clean energy business models

The Centre for Development Finance (CDF) of the Institute for Financial Management and Research (IFMR), the IFMR Trust and the World Resources Institute (WRI) have signed a memorandum of understanding (MoU) for development of sustainable, commercially viable, clean energy business models and technologies that meet needs of low income households in India.

According to the MoU signed in May 2008, WRI and CDF will jointly do research to identify such models that can be applied by small and medium enterprises (SMEs).

After identifying models with high investment potential, CDF, WRI and IFMR Trust will collaborate on development of a network of enterprises for these models together with other potential partner organizations.

WRI and CDF will also collaborate on the facilitation of at least one pilot for smart or innovative financing mechanisms that would increase the capacity of investors to transfer capital to clean energy SMEs.

These activities will be supported by Environmentally Sustainable Project Finance, a division of CDF supported by the ICICI Foundation for Inclusive Growth.

The Centre for Development Finance (CDF) is a non-profit development economics research and action centre focused on effective, creative, sustainable models for financing infrastructure and services.

It works closely with local, state, and national government bodies, private corporate and non-profit institutions, and academic researchers to increase awareness of infrastructure and service priorities, develop clear strategies to address these needs, and evaluate the effectiveness of ongoing public and private initiatives.

WRI is an environmental think tank that goes beyond research to find practical ways to protect the earth and improve people's lives.

WRI has been promoting sustainable entrepreneurship in India since 2005 through the New Ventures India programme in partnership with the Confederation of Indian Industries-Godrej Green Business Centre, with support from USAID.

©2008 IFMR Trust. All Rights Reserved.
Site Map X Close
Disclaimer X Close

INFORMATION ON THIS WEBSITE IS PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.

IFMR Trust does not represent or endorse the accuracy or reliability of any advice, opinion, statement, or other information provided on the website, whether pertaining to IFMR Trust, its affiliates, ventures or a third party. IFMR Trust, its affiliates and ventures make no statements, representations, or warranties about the accuracy, completeness or reliability of any part of the website which is based on such advice, opinion, statement or other information. Users acknowledge that any reliance upon any such opinion, advice, statement, or information shall be at your sole risk. Any information on this website, whether financial or otherwise, shall not be construed as business/ investment advice, and the user should exercise due diligence and is advised to seek independent professional and legal advice before the user places reliance on the information provided on this website.

IFMR Trust reserves the right to amend, change or update this Disclaimer from time to time without notice. IFMR Trust may also make improvements and/ or changes in the services, products and/ or the programmes described in this website, at any time, without notice.

IFMR Trust makes no representations whatsoever about any hyperlinks or third party web sites, which you may access through this website. This website may contain information sourced from third parties and IFMR Trust does not endorse or accept any responsibility for the content, or the use, of such third party information.

The user is advised to take precautions to ensure that whatever you select for your use is free from such items as viruses, worms, Trojan horses and other items of a destructive nature. IFMR Trust shall not be liable for any damages, loss of data or information, and other issues arising due to the use of the website or any hyperlinks. The information on this website may contain technical inaccuracies or typographical errors, for which IFMR Trust cannot be held responsible.

IN NO EVENT WILL IFMR TRUST, ITS AFFILIATES, VENTURES BE LIABLE TO ANY PARTY FOR ANY DIRECT, INDIRECT, SPECIAL OR OTHER CONSEQUENTIAL DAMAGES FOR ANY USE OF THIS WEBSITE, OR ON ANY OTHER HYPERLINKED WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY LOST PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR OTHER DATA ON YOUR INFORMATION HANDLING SYSTEM OR OTHERWISE, EVEN IF WE ARE EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

This Disclaimer is governed by and construed in accordance with the laws of India.


Sign up for Updates X Close

Thank you for your interest in IFMR Trust. Please fill up the form below and we will send you our free quarterly e-newsletter.

We will not disclose your contact details to anybody for any purpose.

Mandatory fields *
Name: *
Email address: *
Organisation: *
Area of interest: *
Phone: