SCALING CLEANTECH IN ASIA

1. SCALING CLEANTECH IN ASIADaniel Hersson, Team Leader, Cleantech VC/PE Project (Consultant)
Innovation Conference, Astana, 25 November, 2016

2. STARTUPS
ARE DRIVING
CLEAN ENERGY
GROWTH

3. STARTUPS
ARE DRIVING
CLEAN ENERGY
GROWTH

4. CLEANTECH STARTUPS IN ASIA FACE MANY BARRIERS

5. ADB IS SUPPORTING NEXT GENERATION OF
CLEANTECH ENTREPRENEURS IN ASIA
supporting leading
accelerators
& incubators
backing new
cleantech funds
and investors
enabling active
networking and
collaborations
1 2 3

6. SUPPORTING ASIAN CLEANTECH ACCELERATORS
SIXaccelerators supported
1000+startups evaluated
100+
startups accelerated
20+startups seed-financed
1

7. BACKING NEW ASIAN CLEANTECH FUNDS2
India’s first and only early-
stage cleantech venture
capital fund ($25m) hosted
by CIIE at IIM Ahmedabad
Supporting pipeline
development, deal-sourcing
and portfolio management
Recently launched low-
carbon private equity fund
($400m) co-managed by
ADB, Orix and Robeco
Supporting fund-raising,
deal-souring, due diligence
and portfolio management

8. CREATING A CLEANTECH COMMUNITY
NEW ENERGY NEXUS
• First global network of
cleantech accelerators
• 30+ members that has
supported 1000+ start-ups
and helped raise $2+ bn
• Co-founded by California
Clean Energy Fund and
Asian Development Bank
3

9. LAUNCHING ABC ACCELERATOR@MOST
 Launching Kazakhstan’s first
Agri, Bio & Clean Tech accelerator
 Managed by MOST Incubator
 Supported by Asian Development Bank
 10-15 start-ups per cohort
 Feb – June 2017
Photo to be added

10. THANK YOU

11. BACKUPS

12. Asia’s share of
future growth in
energy demand
Asia’s share of
global CO2
emissions by
2035
66% 6%4
ASIA’S BIG
ENERGY &
CLIMATE
CHALLENGE

13. Asia’s big
energy &
climate
OPPORTUNITY

14. CLEANTECH IS MUCH MORE THAN JUST RENEWABLES
 Solar PV and thermal
 Wind, geothermal
 Biomass, biofuels
Renewable Energy
 Energy efficiency
 Green material
 Smart grid
Resource efficiency
 Air quality
 Water management
 Soil, forestry and land
Environmental protection
Internet of things & smart cleantech
smart cities, smart mobility, smart agriculture, smart buildings, smart industry

15. Source: Bloomberg New Energy Finance; UNEP
GLOBAL TRANSACTIONS IN GLOBAL RENEWABLE ENERGY 2014 ($bn)
WHY DO WE CARE ABOUT CLEANTECH VENTURE CAPITAL?
0.7%
VC + PE Unique source of financing
for high-risk start-ups that are
developing new solutions that are
commercially unproven but has
potential for exponential growth

16. CLEANTECH VC IN ASIA IS STRUGGLING
Source: Cleantech Group, CB Insight
8%
of global cleantech VC investment
5%
of total VC investment in Asia
* Excludes transport
0
2
4
6
8
10
12
14
16
18
20
Cleantech VC
(Asia)*
Cleantech VC
(Global)*
Total VC (Asia)
Venture capital investment in 2014 ($bn)

17. X
“99% of cleantech start-ups are not investable”
Indian cleantech vc
LACK OF STRONG CLEANTECH ENTREPRENEURS
X
“We don’t do cleantech”
Global VC fund
LACK OF EARLY-STAGE CLEANTECH INVESTORS
X
“Who shall I talk to?”
Indian cleantech entrepreneur
LACK OF CLEANTECH VC & START-UP COMMUNITY
CLEANTECH VC IN ASIA IS STRUGGLING
X “Cleantech is a noble way of losing money”
Large pension fund
CLEANTECH IS TOO RISKY

18. 44 million people
are added to Asia’s urban
population every year.
Asia will have more than
billion vehicles
by 2035
1
Asia will consume
% more energy
by 2035
54
Asia’s big
energy &
climate
CHALLENGE