Temasek Foundation Launches Fourth Climate Impact Innovations Challenge in Indonesia
The Temasek Foundation has reopened its Climate Impact Innovations Challenge with a prize pool of $885,000. This initiative, in partnership with Tencent and East Ventures, aims to foster climate solutions targeting energy transition, sustainable ecosystems, and circular economy practices.
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Temasek Foundation has relaunched its Climate Impact Innovations Challenge, offering a total prize of $885,000 (15 billion Indonesian Rupiah) for innovative climate solutions in Indonesia. This initiative, which began in March 2023, includes partnerships with Tencent and East Ventures, focusing on sustainable practices that address climate change.
Finalists may receive pre-purchase carbon credits valued up to $1 million. The challenge emphasizes energy transition, enhancing sustainable ecosystems related to food, and advancing circular economy principles. The increased prize pool and support indicate a strategic push towards impactful sustainability innovations in the region.
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