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Bank of Italy and BIS Innovation Hub invite global innovators to take up G20 green finance challenge
The total prize money amounts to €360.000. The closing date for applications is 31 May, with shortlisted teams announced on 14 June.
The Bank of Italy, in the context of the Italian G20 Presidency, and the Bank for International Settlements (BIS) Innovation Hub launched the G20 TechSprint Initiative to highlight the potential for new technologies to resolve some of the most pressing challenges in green and sustainable finance.
The rapidly growing green finance sector focuses on allocating capital to economic projects that protect the environment and is a key factor in supporting sustainable development.