GREEN FINANCE PROJECT

BUILDING NARRATIVES OF SUSTAINABILITY

GREEN FINANCE PROJECT

BACKGROUND & RATIONALE

The Institute for Global Environmental Strategies (IGES) and Swechha worked together to analyze the current situation of social enterprises in India. As social enterprises do not have a special legal or registration status in India; this project identified 93 enterprises that support people to live more sustainably, contributing to sustainable lifestyles. The identified enterprises promote sustainable consumption through goods and services, operations, and investment impact and contribute to GHG emissions reduction from people’s daily consumption, thus promoting sustainable lifestyles in India. The research aimed to understand the current status of social enterprises contributing to sustainable lifestyles in India. Additionally, it worked to provide insights for knowledge sharing among the global community of social entrepreneurs and their supporters like local governments, financial institutions, and universities on promoting more enterprises to enable sustainable lifestyles.




OUTREACH INITIATIVES

REPORT

INTERVIEWS AND PODCAST

PROGRAM DESCRIPTION

Swechha and IGES in collaboration with the Government of Japan conducted a study titled "Green Finance". Survey on the Status and Contexts of Small Businesses/Community Enterprises for Sustainable Living “ with founders and co-founders of social enterprises and community businesses promoting sustainable lifestyles in India. The purpose of the study was to analyze and understand the current context, challenges and support systems that exist for community enterprises that are engaged in building sustainable lifestyles (such as reducing negative impacts from their daily consumption; enabling more reliable means of living; collaborating with neighbours in protecting the environment) across the sectors of food, goods, services, housing, leisure and mobility. As a part of the study, we analyzed the business models, the inspiration to start the business, growth factors, barriers and support needed for these enterprises, particularly in the areas of business development, grants and schemes, finance, IT and communication, capacity building and training. We were also able to draw patterns around certain sectors, as well as understand how factors such as gender, caste and religion determine the context for these social enterprises operating in India. The findings from the study will be used to recommend innovative strategies and design capacity-building training, policy guidance for entrepreneurs leading businesses and community enterprises for sustainable living, and the stakeholders involved in that ecosystem (e.g. local governments, financial institutions, think tanks) across India and Canada. As a part of the study, we also interviewed 6 Green Entrepreneurs across the fields of food and beverage, goods and products, fashion and mobility to understand their journeys of entrepreneurship and sustainability.


PROGRAM OUTREACH

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Enterprises Identified

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Surveys

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Interviews

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Report

PROGRAM VIDEOS

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TESTIMONIALS

"Swechha by getting so many sustainable businesses on its podcast has played an important role in spreading the word of sustainable alternatives ."



Zoya

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"This report has played a significant ole in adding to the richness of information we have about the nature and extent of social enterprises in India"

Yash

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"This international collaboration and Swechha has produced high quality content on sustainability and enterprises. This has mad me aware of many new dimensions in this field."

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