An economic case for competing in the XPRIZE Rainforest contest (commentary)
by Jonah Wittkamper on 1 March 2021
In 2019, XPRIZE Rainforest opened its doors and challenged the world to develop new biodiversity assessment technologies by offering a $10 million prize for the best one.
In this commentary, Jonah Wittkamper, President of the Global Governance Philanthropy Network and co-founder of NEXUS, makes an economic argument for participating in the contest.
Wittkamper says a great deal of value could be unlocked with the ability to rapidly assess rainforest biodiversity.
This post is a commentary and does not necessarily reflect the views of Mongabay.
In 2019, XPRIZE Rainforest opened its doors and challenged the world to develop new biodiversity assessment technologies by offering a $10 million prize for the best one. The consequent mobilization will extend over 5 years, will inspire the creation of various new biodiversity tech companies, and can help us discover many ne