IFC proposes $6M equity investment in African Catalyst Fund
The International Finance Corporation (IFC) plans to invest up to $6 million in Catalyst Fund, which is targeting a corpus of $40 million for early-stage climate-tech startups across Africa, Africa Private Equity News reports. Managed by Catalyst Impact Partners, the fund focuses on fintech for climate resilience, sustainable livelihoods, and climate-smart services in multiple African countries including Nigeria and Kenya. This investment supports the growth of early-stage climate solutions continent-wide.
Spain stands out for ESG and climate tech startups amid extreme weather
Spain, highly impacted by extreme climate events like heatwaves and floods, is emerging as a European leader in ESG and climate tech startups. Companies like Credibl use AI-powered platforms to help over 150 organizations meet sustainability goals, Novobrief reports. Supported by €163 billion EU green funds, Spain is advancing toward a low-carbon, resilient economy aligned with the EU Green Deal.
Iceland reigns as global climate tech leader in 2025
Iceland is recognised globally for its leadership in climate tech, excelling in geothermal energy, carbon capture and storage, and biotech innovations, Energy Digital reports. With projects like Carbfix converting CO2 to stone and advanced geothermal power, Iceland combines strong public leadership, research, and cross-sector collaboration to pioneer scalable, impactful climate solutions. Its renewable energy-powered tech scene is rapidly growing and influential worldwide.
India and UAE deepen cooperation in climate action and biodiversity
In Abu Dhabi, India's Union MoS for Environment Kirti Vardhan Singh met with UAE Environment Minister Dr. Amna Al Shamsi to strengthen collaboration on climate action, biodiversity, and sustainable development, Ministry of Environment, Forest and Climate Change states in a press release. India praised UAE's leadership at COP28 and its Mangrove Alliance for Climate initiative. Both nations plan to boost partnerships in global climate initiatives like ISA, CDRI, and LeadIT, advancing Mission LiFE goals together.
Ministry of New & Renewable Energy completes preparatory phase of Special Campaign 5.0
The Ministry of New & Renewable Energy (MNRE), along with its CPSUs and autonomous institutes, successfully completed the preparatory phase of Special Campaign 5.0 from September 15-30, 2025, as stated in a Ministry of New and Renewable Energy press release. The campaign aims to institutionalise cleanliness and efficiency in government offices.
GPS Renewables names ex-L&T executive as CPO
GPS Renewables has appointed Harikrishnan B as its Chief Projects Officer, a critical leadership position as the company expands its portfolio of large-scale biofuel infrastructure projects, it said in a press release.
GalaxEye sets 2026 Q1 for multi-sensor satellite launch
Space-tech startup GalaxEye has announced plans for its inaugural 'Mission Drishti' in the first quarter of 2026, to put its first synthetic aperture radar and high-resolution optical payloads on a single platform in space in low Earth orbit.
This first satellite is said to be India’s largest privately built spacecraft, weighing 160 kg. It also has the highest-resolution, according to a press release from GalaxEye. This launch initiates a constellation programme comprising 8–12 satellites to be deployed through 2029, aiming for near real-time Earth observation.
Mission Drishti utilizes GalaxEye’s proprietary SyncFused Opto-SAR technology. This multi-sensor configuration is designed to provide all-weather, all-time Earth observation data with 1.5-metre spatial resolution. The system, which recently underwent successful structural testing at ISRO, will support governments, defense agencies, and industries with geospatial analysis for applications including border surveillance, disaster management, and infrastructure monitoring.
