Each year, The Earthshot Prize (TEP) highlights visionaries working to combat climate change. Five winners receive £1 million each to scale their solutions, while 15 finalists benefit from personalized support from TEP’s global partners.
Temasek Trust, a founding partner of TEP, plays a key role in promoting climate initiatives in Asia. Together with ABC Impact, Co-Axis, Philanthropy Asia Alliance, and Temasek Foundation, they are on a mission to identify impactful solutions in five areas: protecting nature, cleaning air, reviving oceans, building a waste-free world, and fixing our climate.
Innovations in climate action are crucial. As Dr. Emma Stewart, a climate scientist, notes, "Innovative solutions must not only address environmental challenges but also meet the needs of affected communities."
What Makes Innovative Solutions Stand Out?
Experts evaluate innovations based on their scalability, impact, and execution capability:
- Scalability: Can the solution be deployed widely?
- Impact: Does it effectively address an environmental challenge?
- Execution Capability: Is there a strong team with a clear strategy?
As Mr. Yeo Zuo Yi from ABC Impact explains, the goal is to find solutions that can grow and make a real difference in the world. They particularly seek technologies that reduce carbon emissions or enhance biodiversity.
Co-Axis stresses the importance of social impact alongside environmental benefits. Ms. Joycelyn Ong highlights initiatives that help uplift communities affected by climate issues. For instance, Yayasan Menoken in Indonesia collaborates with indigenous tribes to protect rainforests, merging cultural preservation with sustainability.
Recent reports underscore the urgency of addressing climate change. According to the IPCC, global greenhouse gas emissions need to be cut to net zero by 2050 to limit warming to 1.5°C. This stark reality makes the work of TEP and its partners even more vital.
Engaging the Community
TEP not only focuses on funding but also aims to build a community of innovators. Organizations like Philanthropy Asia Alliance work to assemble stakeholders, leveraging collaboration to achieve systemic change. They regularly host summits to share knowledge and foster relationships, creating a vibrant ecosystem for climate solutions.
Temasek Foundation plays an integral role as well. They sponsor challenges that invite innovators to propose groundbreaking solutions with the potential for real-world impact. As Mr. Anders Soh emphasizes, collaboration across sectors is critical for success.
The Path Forward
Innovators interested in partnering with organizations like TEP can find various avenues for collaboration. Each entity encourages open communication and welcomes ideas that align with their missions. For example, ABC Impact invites entrepreneurs to submit proposals via their website.
Through these partnerships, TEP aims to spotlight transformative solutions that can lead to a cooler, greener planet. With continued focus on innovation, collaboration, and community engagement, there is hope for making meaningful progress in the fight against climate change.
For further details on climate initiatives and to stay updated, you can follow Temasek Trust on LinkedIn, Instagram, and other social media platforms.
Check out this related article: How Climate Disasters Are Skyrocketing Insurance Premiums in Sydney: A Visual Insight
Source link