Innovate4Climate Pitch Hub CompetitionWhere Finance, Markets, Policy, and Technology meet to accelerate Climate Action
|Application deadline||Mar 1|
|Organizer||The World Bank Foundation / Non-profit|
|Location||Barcelona, Catalunya, Spain|
Agritech, Fintech, Food production, Green transportation and electric motors, Hydropower, ICT, Renewable energy, Solar power, Waste management and recycling, Water, sanitation and hygiene
I4C’s Pitch Hub Competition highlights climate-smart solutions with potential for transformative impact.
Engaging startups and entrepreneurs, the competition aims to create a space for innovation. This year’s competition seeks startups with well-defined innovative climate-smart solutions supporting cities in reducing their emissions and/or increasing their resilience to climate impacts.
Finalists will be invited to attend and pitch at the Innovate4Climate conference in Barcelona on May 26, 2020, travel and accommodation paid. Here you will network with the most innovative people in the climate solution space and connect with industry leaders who are looking to invest and help scale ideas that promote climate-smart urban solutions across various industries.
I4C is searching for innovative, implementable, and scalable solutions to address climate challenges.
55% of the world’s population lives in urban areas, a proportion that is expected to increase to 70% by 2050. Cities account for just 2% of global land area but are responsible for 70% of greenhouse gas emissions. Furthermore, as much as 80% of adaptation costs are expected to be borne in urban areas.
Supporting climate-smart cities – those that are low-carbon and climate-resilient – is a critical part of addressing climate change. Becoming a climate-smart city requires an integrated approach combining planning, policy, regulation, and investment.
MINIMAL VIABLE PRODUCT STAGE
Solutions can be goods, services (e.g. financial instruments, risk management mechanisms), technological solutions, or innovative business models that can be applied in one of the urban focus areas defined above.
Potential for climate change mitigation or adaptation
Clear value proposition, actionable business model, preliminary market analysis, draft implementation plan
Potential to achieve market viability and deployment capacity
Potential to be scaled-up or replicated in other contexts