$75,000 prize for climate change innovation

Shannon Carr-Shand, November 13th 2008, Innovation

Today we are launching a global hunt for the best innovations to tackle climate change, with a $75,000 prize to help bring the best idea to market.

It’s critical that we harness the power of innovation to create a low carbon economy, and we want to overcome the barriers that can prevent great ideas delivering their full potential – lack of funding and visibility to potential investors.

We have teamed up with the Financial Times and HP to launch the FT Climate Change Challenge. The competition will seek out practical ideas which will reduce emissions and make us more resilient to the change ahead, ideas which have demonstrated they will work but need some help growing to scale. Click here for more details.

The ideas can be anything from technical advances in reducing emissions to social innovations helping people become more resilient to climate change. The best will be presented to the Financial Times’ worldwide audience of business leaders and the winner will receive a $75,000 to bring their product or service to market, sponsored by HP.

To make sure we select the best ideas, an eminent panel of global business leaders, innovators and climate change experts will select the short-list of entries, choosing those which will deliver the greatest contribution to tackling climate change. Readers of the FT will vote to select the winner in the Spring.

We want to spread news of this competition as widely as possible, so if you know of any organisation, website or innovator which might be interested, please spread the word.

And if you have a great idea to tackle climate change, we want to hear from you.

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