PURCON653 Low Carbon Assessment: Report and methodology

The Adapt Low Carbon Group (Adapt) is a business-facing department of University of East Anglia (UEA) that provides expertise in a number of aspects of the low carbon economy. The Low Carbon Innovation Fund (LCIF), part of Adapt, has been successful in investing £20.5m ERDF funds through equity and convertible debt into a range of SMEs that have provided evidence that their products, services or processes are able to reduce carbon emissions. However, once the investments have been made there has been no further tracking of the carbon reductions achieved due to the company’s activities. Adapt will be managing the Legacy fund, which is populated by exits from current investments. Following the…

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