Innovate4Climate (I4C), a conference convening both public and private sectors to support the mobilisation of finance towards climate action, opens up applications for the I4C Pitch Hub Competition 2020.

I4C Pitch Hub competition is an annual for innovators to showcase their ingenuity, entrepreneurship, and a clear value proposition. The purpose is to engage startups and entrepreneurs as well as create a space for innovating at I4C.

Organisers of the programme noted that the aim is to facilitate matchmaking between investors and investment opportunities.

I4C Pitch Hub Competition 2020 is hosted by the World Bank Group and will be held in Barcelona for the fourth year in a row.

The Challenge

Fifty-five percent of the world’s population resides in urban areas, a percentage that is expected to increase to 70% by 2050. Cities account for just 2% of global land area but are guilty of 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 with low-carbon is a critical part of addressing climate change. Becoming a climate-smart city requires an integrated approach combining planning, policy, regulation, and investment.

Focal points of I4C Pitch Hub Competition 

  • Energy
  • Food/Agriculture
  • Mobility/transportation
  • Waste/Water
  • Fintech

Criteria

To qualify for the 2020 edition of the World bank’s Innovate for Climate Pitch Competition, proposed solutions must satisfy the following requirements:

  • Climate-smart:  potential for climate change mitigation or adaptation
  • Feasible: clear value proposition, actionable business model, preliminary market analysis, draft implementation plan
  • Implementation: potential to achieve market viability and deployment capacity
  • Scalability:  potential to be scaled-up or replicated in another context

How to apply

Interested? You can start your application immediately before the deadline on Sunday, March 1, 2020.


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