United States launches Climate Entrepreneurship Initiative for Economic Development (CEED) • Today News Africa

The United States on Wednesday announced the launch of the Climate Entrepreneurship for Economic Development (CEED) initiative at the 2021 United Nations Climate Change Conference (COP26). The initiative aims to address the climate crisis and contribute to economic development by encouraging entrepreneurial climate solutions. To achieve these goals, CEED builds on new and existing State Department programs and connects climate entrepreneurs with thought-provoking partners, industry mentors, and partnership opportunities needed to bring to the fore. scale of innovative climate solutions. CEED is also calling on private sector partners to demonstrate the United States’ commitment to driving green growth globally.

As announced by State Department Director General for Global Partnerships Thomas Debass at the US Center at COP26 on November 3, CEED is a public-private partnership between the State Department, through its Office of Global Partnerships and in coordination with the United States Office. The President’s Special Envoy for Climate and the Office of Educational and Cultural Affairs, and LinkedIn, Salesforce and General Electric (GE). The State Department will accelerate climate solutions by connecting US industry leaders and business accelerators with climate entrepreneurs in developing countries, catalyzing access to capital and expertise, and facilitating trade strategic people and ideas. Through the CEED partnership, the State Department’s extensive networks and specialized programming focused on people-to-people exchanges, organized delegations and entrepreneurial diplomacy will further strengthen the efforts of climate-focused entrepreneurs and CEED partners.

LinkedIn will provide vital information on economic trends to CEED partners to help them adapt jobs and skills to meet the climate challenge. LinkedIn will use its platform to enable CEED stakeholders – including multinational employers, accelerators and green entrepreneurs – to communicate, connect and engage with each other across the full spectrum of CEED initiatives around the world.

Salesforce will leverage its vast networks, capital and expertise to enhance all areas of CEED programming, including its recently announced $ 300 million fund to support new climate investments in reforestation, ecosystem restoration , climate justice and action.

GE will engage in all aspects of CEED programming, providing expertise, delegates, speakers and mentors. GE will also leverage the networks and information from its research centers in Niskayuna, New York and Bangalore, India, and share the company’s aviation, energy and healthcare expertise with CEED entrepreneurs looking for climate and sustainable solutions.

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