Lyca Group chairman and founder Allirajah Subaskaran leads a conglomerate of companies spanning numerous different industries, including healthcare, telecommunications, media and entertainment, marketing, technology, hospitality, travel and financial services. He has received numerous coveted awards throughout his 18 years of business leadership and entrepreneurial activities, including a Platinum Award for Business Person of the Year from the Asian Achievers Awards and the Golden Peacock Award for Entrepreneurship from the Asian Voice Political & Public Life Awards. You can learn more about the Asian Voice Political & Public Life Awards by viewing the attached video.
Allirajah
Subashkaran is proud to serve on the Advisory Council for Sri Lanka for the
British Asian Trust. The British Asian Trust was founded in 2007 by King
Charles III and a group of British Asian business leaders with the goal of
tackling inequality, injustice and poverty in South Asia. This article will
look at the British Asian Trust’s partnership with the SAJIDA Foundation, a
collaboration that culminated in the creation of the Climate
Innovation Fund.
Co-launching
the Climate Innovation Fund, the British Asian Trust and SAJIDA Foundation aim
to pave the way for the creation of innovative Bangladesh-based solutions to
mitigate the ongoing threat of climate change by enhancing climate resilience
in the country. With an initial joint commitment of $1 million, the fund aims
to mobilise further partnerships and funding.
Bangladesh
currently ranks in seventh place on the Global Climate Risk Index. Due to its
high poverty rate, population density and unique geography, Bangladesh is
extremely vulnerable to the impacts of climate change, with the United Nations
estimating that within the next three decades some 13.3 million Bangladeshi
citizens could be displaced due to rising sea levels, threats to agriculture
and water scarcity. The attached infographic contains some startling facts about
the global impact of climate change in 2023.
Recognising the
need to invest in Bangladesh-led climate innovation, the Climate Innovation
Fund will offer support and grants to help local people establish and expand
the most impactful solutions to promote climate resistance. Applications are
now open for grants of up to $80,000, facilitating the development of solutions
to some of the biggest climate challenges faced by Bangladeshi communities, covering
sectors such as water security, food security, agriculture and livelihoods.
Reflecting on its
partnership with SAJIDA Foundation, the British Asian Trust said it was
delighted to announce the launch of its new Climate Innovation Fund to identify
and support Bangladeshi innovations to enhance climate adaptation and
resilience. The attached PDF contains more information about the British Asian
Trust and its game-changing impact on communities across South Asia today.
