Motivated by the significant impact that global warming may have on India and globally, The Nand & Jeet Khemka Foundation is committed to addressing the issues of Climate Change, which has become one of the core focus areas of the Foundation.
Renewable Energy Working Group
In India, over 33% of the people still do not have access to electricity and over 49% of people are dependent on traditional fuels such as firewood, dung, etc., to meet their cooking energy needs. This dire situation was brought to the forefront at the Khemka Forum on Social Entrepreneurship 2010 by social enterprises involved in the delivery of energy/electricity services to the poor.
In order to address issues encountered by off-grid operators (especially lighting solution providers), and help establish a supportive eco-system, the Renewable Energy Working Group (REWG) was constituted under the aegis of leading social entrepreneurs and thought leaders working in the field of renewable energy.
P 8 Climate Finance Initiative
The P8 Group comprises of senior leaders of some of the world’s largest public pension funds who have come together to develop actions focused on global issues, particularly climate change.
In 2007, The Nand & Jeet Khemka Foundation supported the initiative by funding the University of Cambridge Programme for Sustainable Leadership in partnership with the University of Cambridge, Environmental Capital Group and the HRH Prince of Wales Business and Environment Programme.
The initiative has to date leveraged US$ 1.2 billion in green, climate friendly investments by the P8.
TERI – Energy Security Policy for India
The Foundation supported the Energy and Resources Institute (TERI) in conducting a multi-year study on energy security policy in India. The study was concluded in 2010. The ultimate goal is to create an integrated energy security and sustainability strategy for the nation.
Design Competition for an Eco-friendly Schoo
The Foundation co-organized the EuroGroup Khemka Foundation Architectural Design Competition for Eco-friendly Schools at the Chandigarh College of Architecture (CCA) Chandigarh in 2011. The competition provided an excellent opportunity for future architects to show their creativity and also gave a platform for student to interact with their counterparts from colleges around India and exchange ideas. Nearly 45 entries were submitted from across the country, and eight of these were selected to make presentations on their innovative designs and explain their concepts to a jury of eminent architects and professors. Students of the School of Planning and Architecture, Delhi won the competition and students of MITS, Gwalior came second.
Iceland Climate Change Action Summit
In 2006, the Foundation was actively involved with the Iceland Climate Change Action Summit. The Summit, hosted by the President of Iceland, brought together key players from the Young Global Leader, Climate Change Expert, and Philanthropic communities to launch the Climate Change Philanthropy Action Network.
The Foundation has also initiated pan-governmental working groups on climate change such as the Climate Change Philanthropy Action Network, which promotes initiatives through strategic philanthropy that create opportunities for concrete action by businesses, governments, NGOs, scientists and citizens to address global warming.
The Foundation co-launched the Climate Group in India and supported, along with other major partners, the McKinsey Study on Environmental and Energy Sustainability for India (the abatement cost curve).