Emergent Ventures
EVI is pleased to announce the formation of 'Project Preparation Facility' (PPF), a global partnership between EVI, Rocky Mountain Institute (RMI) and CDP, supported by the India Innovation Lab for Green Finance (The India Lab)

The Project Preparation Facility (PPF) will work on financing urban infrastructure programs in India. It will support State Governments, Smart Cities and Urban Local Bodies identify feasible clean technology projects, conduct feasibility assessments and connect with global investors for financially supporting these projects. The initial focus of PPF would be electric vehicle and charging infrastructure programs.   

 Commenting on this, Dr. Gireesh Shrimali, India Director, Climate Policy Initiative and Lab Secretariat said

“The unique combination of the platform with the project preparation facility makes this instrument innovative and is likely to have a catalytic impact as the project preparation facility can identify and develop numerous city based climate projects and attract commercial investors. We look forward to seeing the instrument in action."