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Thursday, 13 November 2008

The hottest thinking on climate change

ChinaThe Financial Times is launching a competition to find the world’s most creative ideas for tackling the threat of climate change. The winner in the vote will receive a $75,000 prize.

"At a time of global financial crisis and economic downturn, the temptation to focus on the most urgent short-term problems is strong. The FT Climate Change Challenge, backed by Hewlett-Packard, the information technology company, and Forum for the Future, the sustainable development group, aims to highlight businesses and other organizations with ground-breaking approaches to what is arguably the greatest long-term danger we face."

"The objective of the competition is to harness the collective brainpower of FT readers to identify ideas that have the potential to be scaled up to a significant size, both to build a successful business and to have a material impact on greenhouse gas emissions. Over the next 11 weeks, FT readers will be invited to submit suggestions of companies with imaginative ideas for addressing the threat of climate change. From those suggestions, a short-list of five will be chosen by a judging panel including Sir Terry Leahy, chief executive of Tesco, Sir Richard Branson, Eileen Claussen, president of the Pew Center on Global Climate Change, Rajendra Pachauri, chairman of the Intergovernmental Panel on Climate Change, and Mark Hurd, chairman and chief executive of HP.

The short-listed ideas will then be presented in the FT newspaper and online in March 2009, and readers will have a chance to vote for their favorite. The winner in the vote will receive a $75,000 prize, sponsored by HP, to help develop their product and bring it to market."

Learn more about the contest here.

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