Avaana Capital has announced the first drawdown of the Green Climate Fund’s (GCF) USD 24.5 million commitment to the Avaana Sustainability Fund.
The investment is anchored by the Small Industries Development Bank of India, acting as the accredited entity under the guidance of the Department of Financial Services, Ministry of Finance. Avaana Capital invests in technology-led solutions across energy, sustainable supply chains, agriculture, and advanced materials, aligned with India’s climate priorities and development goals.