Israeli Climate-Tech Researchers and Startups Awarded More than $2 Million at the Climate Solutions Festival
The Climate Solutions Prize, a joint initiative by JNF Canada, Start-Up Nation Central, and KKL-JNF, is an annual initiative to incentivize climate innovation, granting over $2 million in prizes to researchers and startups that offer solutions to the global climate crisis.
October 31, 2022. By News Bureau
The initiative culminated in last week's Climate Solutions Prize Festival, a gathering of government, business, and non-profit organizations dedicated to driving innovation in the climate-tech ecosystem.
Hundreds of guests arrived at the festival, held in the Hulda Forest in central Israel, and took part in the large-scale global summit and startup expo.
The Climate Solutions Prize, founded earlier this year, is the most comprehensive initiative established to support research and innovation addressing the climate change crisis. The initiative operates in two distinct tracks. One is the Breakthrough Research Prize, which offers a grant for Israeli scientists and researchers.
The other is the Startup Track, which involves a series of challenges that offer investment, cash prizes, and exposure to Israeli tech companies. Each Startup Challenge is led by different industry leaders and philanthropic partners, such as Capital Nature, The Temasek Foundation, ESIL, Kornit Digital, SolarEdge, and Merck.
"I could not be more excited to see this dream come to fruition of supercharging the ingenuity of Israel, the Start-up Nation, to help solve the climate crisis". said Jeff Hart, Executive Chair of the Climate Solutions Prize." I am so thankful to everyone involved for helping with this critical initiative for our future generations".
Amnon Ben Ami, CEO of KKL - JNF: "KKL - JNF sees the development of knowledge and technology as an important and necessary basis for the fight against the climate crisis. The award is given after professional thinking and subsequently for exceptional cooperation for an important cause. The grants distributed to the winners will allow Israeli start-ups to develop significant technologies for all of us and there is no doubt that Israel will continue to lead in the field. KKL-JNF, as the largest green organization in Israel, puts the treatment of the climate crisis as a flag and we operate in Israel and help organizations and countries around the world to become greener."
"Israel is currently home to more than 700 technology companies that are already developing solutions for addressing climate challenges, including sustainable food systems, circular economy, clean energy, efficiency and storage, sustainable mobility, sustainable manufacturing, nature protection, and many more" said Start-Up Nation Central CEO,
Avi Hasson.
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