The Bank for International Settlements (BIS) Innovation Hub and the Bank of Italy, under the Italian G20 Presidency, announced today the shortlisted finalists of the G20 green and sustainable finance challenge. We are very happy to be one of the shortlisted candidates of this year's international competition.
The BIS Innovation Hub and the Bank of Italy published last May three high-priority operational problems and invited the international community of innovators, entrepreneurs, developers, data scientists and designers to develop innovative technological solutions. We applied to Problem Statement 2: Analysis and Assessment of Transition and Physical Climate-related Risks by proposing to develop a Global Fire Index for TCFD physical risk assessments based on the recent climate simulations (CMIP6) that support the upcoming IPCC 6th assessment report.
Now the 21 shortlisted teams (7 for each of the 3 problem statements), out of 99 submissions from teams worldwide, have until September 1st to submit their prototype for the final prize.
Final results in October !
Press release: https://www.bis.org/press/p210625.htm
G20 TechSprint: https://www.techsprint2021.it/