Econ Climate Fund (ECF) is a private equity growth fund focused on bridging the “missing middle” between early-stage venture capital and large climate funds, by investing in climate themes across emerging Asia (excluding China). Asia plays a critical role in global climate action but faces a substantial funding gap. ECF addresses this gap by backing businesses that offer strong growth potential and positive sustainable impact.
Founded by Akshay Gupta, who has over 20 years of experience in climate and infrastructure investing, ECF focuses on sectors critical to the low-carbon transition: energy value chain, sustainable mobility, environment and natural resources, climate-smart agriculture, and circular economy. The fund combines a rigorous investment process with an impact-first approach, supporting scalable solutions that contribute to climate mitigation and adaptation, especially in rapidly urbanizing regions.
Our goal is to be the leading climate finance platform in Asia, bridging the critical financing gap for climate solutions and helping cities and communities adapt to a changing climate while driving inclusive, sustainable economic growth.
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Potential investment in an EV fleet provider serving clients in the ride-hailing sector, currently operational across 10+ cities in India.
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Potential investment in a company developing robotics and AI-powered solutions for the water and sanitation industry, addressing challenges like pipeline inspection and manual scavenging.
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Assisting the growth of a waste-to-energy company converting municipal solid waste into biofuels.
We continue to actively source investment opportunities that contribute to urban climate resilience and climate change adaptation.
To learn more about what we do, please visit our website at www.econventures.in or connect with our team directly on LinkedIn or via email. As a team of passionate investment and sustainability professionals, we are always keen to engage with the international community on the latest trends and insights in impact investing and urban climate finance.
For general inquiries or discussions on specific projects, you can use the contact form on our website or email us directly at ia@econventures.in
At ECF, we remain informed on city-level climate finance through comprehensive sector and market research, strategic partnerships, and active participation in global networks. We closely monitor policy developments, market trends, and urban climate action plans, leveraging insights from reports by knowledge groups, governments, and DFIs.
Additionally, we engage directly with local governments, ecosystem builders, and industry experts to gain a nuanced understanding of on-the-ground needs and financing gaps. Our investment thesis is shaped by our senior leadership’s proven track record of diverse experience and the team’s ongoing dialogue with climate finance thought leaders, as well as participation in relevant conferences, webinars, and working groups.
As an impact fund investing in emerging Asia, ECF is eager to collaborate with CCFLA members to drive greater private-sector investment into climate-resilient urban projects.
We are committed to building partnerships with public and private sector stakeholders to co-develop scalable solutions for sustainable cities. Additionally, we aim to actively participate in knowledge-sharing initiatives and working groups to align our investment strategies with global best practices in climate finance.
Our Managing Partner, Akshay Gupta, has an extensive network across India and the APAC region and is eager to contribute to CCFLA’s initiatives in the area.
Econ Climate Fund is well-positioned to support the Alliance through knowledge exchange, capacity-building initiatives, and identifying investment opportunities that align with CCFLA’s mission. As we continue sourcing deals in our target geographies across Asia, we look forward to sharing relevant investment opportunities with the Alliance to advance innovative urban climate solutions.
ECF is particularly interested in assisting with the establishment of a local India hub, serving as a resource for feasibility and risk assessments, and contributing to the development of private-sector urban climate finance projects.