FT Climate Change Challenge: $75 K prize for best idea!

November 19, 2008

FT Climate Change Challenge

$75,000 prize. Accepting entries Nov 13, 2008 – January 30, 2009.

Call for innovators

The Financial Times is today launching a competition to find the world’s most creative ideas for tackling the threat of climate change.

At a time of global financial crisis and economic downturn, the temptation to focus on the most urgent short-term problems is strong. The FT Climate Change Challenge, backed by Hewlett-Packard, the information technology company, and Forum for the Future, the sustainable development group, aims to highlight businesses and other organisations with ground-breaking approaches to what is arguably the greatest long-term danger we face.

The Financial Times and Forum for the Future are hosting a competition to find the most innovative solution to the effects of climate change. The winner could be a new technology, system or service, novel organisation or business model. Sponsored by Hewlett-Packard, the $75,000 prize aims to turn the best idea into reality.

How the competition will help

Climate change is the great challenge of our time and the stakes could not be higher for business. There are huge rewards for companies that embrace innovation to lead the transition to a low-carbon economy, but the future looks bleak for those that pursue business as usual.

Long after we have forgotten about the economic downturn we shall be living with the consequences of global warming. We need to innovate our way out of this crisis. Humankind must unleash a wave of creativity not seen since the industrial revolution. Only the business community can deliver this change at the scale and pace we need.

We want to find ideas that are below the radar – being developed by think-tanks, academic institutions or individual entrepreneurs – and identify those that can be taken to scale quickly and make a real difference. We will be scouring the world for the most exciting low-carbon ideas. These could be new technologies, systems or services, novel organisations or business models. 

ENTER THE COMPETITION

To enter the Competition, either: 1) complete the online entry form or 2) download the entry form at www.forumforthefuture.org/FT-climate-challenge and email the complete entry form to FTclimatechallenge@forumforthefuture.org (“Entry”). All Entries must be received before 5pm GMT Friday 30th January 2009. Entries must be submitted on the official entry form in English and the text entered must not exceed the boxed spaces provided on the form.

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