As part of the United Nations Decade of Ocean Science for Sustainable Development (‘the Ocean Decade’), the Blue Climate Initiative is thrilled to announce the launch of a global US$1 Million Ocean Innovation Prize to inspire, fund and support innovations that mitigate climate change through ocean-related strategies.
The Prize is designed to advance the goals of the Ocean Decade, in line with the Sustainable Development Goals. Prize money will be awarded for innovations that enable climate change mitigation through ocean-related and knowledge-based solutions inspired by the Blue Climate Initiative’s Transformational Opportunities. Proposals must incorporate an innovative and scalable technology, practice, model, approach or idea.
Three to eight winners will share a minimum of US$1 Million in prize money to invest in their innovations. They will also have the opportunity to join the Sustainable Ocean Alliance Accelerator Program’s start-up network and will be invited to showcase and participate at the high-profile Blue Climate Summit in mid-2022 in French Polynesia. A larger group of approximately 16 semi-finalists (including winners) will benefit from visibility to boost their innovations, match-making with experts and investors, and mentoring.
“The Ocean Innovation Prize is all about impact. We will be supporting and accelerating innovations that have the greatest potential for meaningful impact on climate change in the short time we have available before encountering the worst of the consequences,” said Stanley Rowland, CEO of the Blue Climate Initiative.
‘The Ocean Decade will only be a success if ocean science is translated into innovative and scalable solutions that protect the ocean and ensure that it can underpin human wellbeing. The Ocean Innovation Prize will catalyse actors around the world to come together to develop creative and cutting-edge solutions to arguably the greatest challenge facing the ocean today. We are proud that the Blue Climate Initiative is one of the endorsed programs of the Ocean Decade and encourage wide participation in the Ocean Innovation Prize,” said Dr Vladimir Ryabinin, Executive Secretary of the Intergovernmental Oceanographic Commission of UNESCO.
Proposed innovations must be commercial in nature, and can be submitted by a for-profit business, non-profit organization, or an individual. Emphasis will be put on diversity, equity and inclusion.
Applications are encouraged as soon as possible. The competition deadline is September 15, 2021 at 23:59 PST. For more information, and to apply, visit blueclimateinitiative.org/ocean-innovation.
The Ocean Innovation Prize is presented by the Blue Climate Initiative in collaboration with the Ocean Decade and the Sustainable Ocean Alliance.
The Blue Climate Initiative (BCI) is a global initiative bringing together scientists, community groups, entrepreneurs, investors, philanthropists, influencers, and others to protect the ocean and accelerate ocean-related strategies to address the climate crisis and other pressing environmental issues. The fiscal sponsor for the BCI is Tetiaroa Society.
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For more information about the BCI visit: blueclimateinitiative.org.
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