The IMF Climate Innovation Challenge
WRI is partnering with the IMF to find creative solutions to tackle the economic and financial stability aspects of climate change.
Deadline for submissions is September 30, 2021.
About the Challenge
Climate change is increasingly at the heart of IMF's work on economic and financial stability, growth, and jobs. Climate change will confront all countries in the coming years across these "macro-critical” issues – and the IMF will help address this global challenge with all available tools.
Why Should You Participate?
The Climate Innovation Challenge is an opportunity for you to bring innovative ideas to the IMF on how it should integrate climate change into its research, technical assistance, economic surveillance, and financing. It creates the potential for you to help enhance IMF capacity, policy dialogue, data management, and operational impact in areas where economic and financial policies intersect with climate change.
Country authorities/agencies, civil society organizations (including think tanks), and staff from all international organizations are eligible. Universities and private companies are eligible if partnered with one of the above. For details on the six topic areas covered by the Climate Innovation Challenge, see below.
Specific benefits include:
- The opportunity to partner with IMF staff and support impactful climate change initiatives
- Receive training and coaching for your team on innovation techniques
- Raise visibility for your project and your team
- Receive seed funding for your project
Deadline is September 30, 2021.
Specifically, the IMF and partners are looking for proposals that cover these broad topic areas.
- Climate-related financial markets, risk management and asset valuation
- New data and technologies for the design of economic policy responses
- Smart communication to increase buy-in and traction of climate policies
- International spillovers and illicit activities around economic/climate policies
- Integrating climate and environmental sustainability into macro-frameworks
- Reducing the environmental footprint of international organizations - Submission for this topic is restricted to international organizations only.
WRI's Role in the Challenge
WRI is acting as the technical partner in this challenge. We will help evaluate long-listed proposals and work with selected short-listed proposals as they prepare for the final pitch to IMF staff (a period called “bootcamp”). If you have any questions related to WRI's involvement in this effort, please contact Carter Brandon.