G20 TechSprint 2021 on Green and Sustainable Finance

Innovative technical and technological solutions to resolve operational problems in green and sustainable finance, focusing on three 'problem statements' which were developed in consultation with the G20 and represent common high priority gaps in the green and sustainable finance space.

The three problem statement challenges for the 2021 competition include:

Data Collection, Verification and Sharing - methods and technologies (eg IoT, blockchain, smart sensors, GPS) to contribute to an information disclosure ecosystem for environmental risk analysis that supports all stakeholders , while reducing the disclosure workload and costs for corporates and other reporting entities and respecting data privacy policies of their respective countries.

Analysis and Assessment of Transition and Physical Climate-related Risks - tools to enable institutions, corporates, regulators and relevant stakeholders to visualize, predict, assess and monitor transition and physical risks posed by climate change using big data ingestion, predictive analytics and visualisation tools to better assess and analyse these risks.

Better Connecting Projects and Investors - can technological solutions (eg digital identity verification, demand aggregation platforms, large scale, and easily accessible trading platforms) help connect projects and investors (ranging from start-ups, smallholders, households and small commercial businesses to medium sized businesses and local authorities) to scale up their impact in a secure way while respecting data privacy policies in individual countries? Can these technologies also effectively track platform performance and outcomes in terms of volume and quality of credit allocation and environmental impact and be deployable across geographies and different states of development?

There is a total challenge fund of €360,000 including a €10,000 prize for each shortlisted entry and a €50,000 main prize for the winner of each category.

https://www.techsprint2021.it/