SBI Ventures, an alternative asset manager promoted by State Bank of India (SBI), intends to raise Rs 2,000 crore for its third climate-focused fund to invest in startups.It will help unlock green growth, a new financial opportunity, SBI Ventures Managing Director and Chief Executive Officer Prem Prabhakar said while speaking at the second edition of the IVCA Green Returns Summit here.Domestic and global investors will be roped in for the fund, and the roadshow will start early next year, he said."We are ta ...

Economic Impact of Hunger - Hunger costs the world $3 trillion annually [1] - Hunger causes Africa to lose 165% of its GDP [1] School Feeding Economy - School feeding is presented as a solution to multiple problems [2] - A school feeding economy involves parents contributing a subsidized amount, governments matching contributions, and philanthropy covering remaining costs [2] - This blended finance model includes public participation, parents, and philanthropy, with the child as the anchor [3][4] Financing and Participation - Everyone participates to ensure the child is able to eat [4] - Smart ways are used to involve government, parents, and philanthropy in school feeding [4]