What is this all about?
The Climate Investment Challenge calls on students to develop and describe creative financial solutions and innovations addressing the defining challenge of our time – climate change. This could include identifying untapped climate finance opportunities or developing innovative financial structures or instruments that improve the bankability of climate investments.

There is no single right answer. In the battle against climate change and its impacts, ideas across all sectors, topics, and regions are important!

Why?
The planet has a carbon budget of approximately 420 gigatons (GT) – this is the amount of carbon emissions we can emit while having a chance to limit global temperature rise to 1.5C. Unfortunately with the current rate of carbon emissions, we will exhaust our carbon budget in the next 6 years. Mitigating climate change involves rapidly scaling up investment in climate mitigating and adaption projects. Bloomberg New Energy Finance (BNEF) estimates average investment requirements to be between $3.1 trillion and $5.8 trillion per year until 2050.

That’s why we need your ideas to scale climate finance and fight against climate change!