Deadline: 21-Mar-2024
The Climate Collective and the World Bank’s Global Partnership for Social Accountability (GPSA) have joined forces to leverage innovative green technology solutions to improve citizen engagement, transparency, and accountability in climate finance.
They need to mobilize over $4 trillion per year until 2030 to achieve a green transition and reach Net Zero targets. In 2023, only $1.2 trillion was directed towards these goals. Digital technologies play a pivotal role to ensure climate finance is reaching its intended targets at the community level and achieving measurable impacts, fostering closer collaboration between donors, governments, and communities.
The goal of the Green Accountability Technology Accelerator is to test and scale innovative tech solutions that bridge existing gaps in transparency, accountability, and participation in climate finance, enabling an efficient and trustworthy climate finance ecosystem.
Accelerator
- The Accelerator runs a 6-month virtual program to enable participation worldwide. They are building a diverse global community to develop scalable, replicable, and affordable tech enabled solutions. At the conclusion, participants will showcase their impact in a virtual Demo Day.
Benefits
- Grant funding between $20k-$50k.
- Coaching sessions and learning opportunities with advisors from the Climate Collective ecosystem.
- Networking with product experts, fellow founders, and investors from the Climate Collective community.
- Storytelling platform to showcase your impact.
Who is this for?
- They are looking for teams who build at the intersection of climate and nature, accountability, and financial inclusion. They support the development of tools that enhance transparency, traceability, and community oversight in climate finance.
Eligibility Criteria
- Participants may be registered as for-profit or non-profit entities. The application will ask about your business model and pathway to financial sustainability.
- They accept applications from teams who would prefer to partner on developing or implementing their tech-enabled solution. However, one applicant should be the lead to participate in the Accelerator and represent the project.
- They welcome applicants from all regions and are aiming to develop solutions that can be applied in a wide variety of geographic contexts. Note: As a US-registered entity, Climate Collective cannot disburse funds to any group or jurisdiction listed as a specially designated national or blocked person (SDN) by the US Office of Foreign Assets Control.
- All key features of the Accelerator will be held virtually. Any in-person events to enhance network cohesion will be optional for participants.
For more information, visit Climate Collective.