Saturday, 27 April 2024 14:55

ProClime plans to invest US $150 million in Indian & Sri Lankan carbon projects Featured

ProClime Services Pvt Ltd, a start-up focused on the climate sector, aims to invest about $150 million in carbon projects across sectors in India and Sri Lanka over the next 12-18 months.

The Chennai-headquartered company intends to unveil at least three carbon projects monthly until September in both countries.

ProClime has identified 18 sectors for the development of carbon projects in India and Sri Lanka securing a $150 million fund from various investors worldwide.

It will start deploying the funds towards carbon projects this month, announcing three projects per month. These projects span nature conservation, sustainable agriculture, and biodiversity, among others..

 

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