India and France to launch climate fund for startups in Indo-Pacific countries

India and France are set to launch a collaborative fund supporting startups and climate-centric innovations in the Indo-Pacific. Stemming from the "Horizon 2047" joint vision statement, the Indo-Pacific Triangular Cooperation (IPTDC) fund will drive climate-focused innovations in third countries, aligning with the India-EU Connectivity Partnership. India's engagements in triangular cooperation extend to partnerships with Germany, the US, and the UK, aiming to bolster trade and connectivity through initiatives like the Bay of Bengal Northeast Industrial Value Chain concept. Collaborations with Japan and Bangladesh aim to foster manufacturing activities and enhance regional connectivity.

India's collaborative efforts, from empowering women in Malawi to leveraging agri-tech for potato production in Cameroon, reflect its commitment to sustainable development. Initiatives with Germany, Ghana, Cameroon, Malawi, and Peru address diverse challenges, showcasing a concerted effort to drive innovation-driven growth.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.