If you ask social entrepreneurs to list down their major challenges, don’t be surprised when they specify lack of funds and lack of influential stakeholders on the top of their list.
We may be living in an age where excessive fundings are being granted to start-ups be it Seed or series A B C D etc. however environmentally conscious businesses, especially circular businesses face a hard time in closing the fund rounds because their business model seems counter-intuitive to the investors when compared to business as usual.
…yup- it's harsh but true.
That’s why the grandeur of The Earthshot Prize awards deserves a round of applause because they raised the bar on rewarding entrepreneurs focussed on climate action in the most glamorous way possible. And I just loved the way it was done.
I strongly feel that when work around environmental sustainability gets Oscar awards style recognition…then people will start looking up to it, aspiring to become change-makers.
The Earthshot Prize is centred around five ‘Earthshots’ –
These 5 earthshots are simple but ambitious goals for our planet which, if achieved by 2030, will improve not only our lives but of the generations to come.
It is a decade of action to convene the environmental world with funders, businesses and individuals to maximise impact and take solutions to scale, to celebrate the people and places driving change; and to inspire people all over the world to work together to repair the planet.
Every year, this Prize will be awarded to five inspiring solutions- one winner in each category.
The prize money is 1 million pounds to winners from each category. Each winner will receive a global platform and prestigious profile, with their stories being showcased over the decade with the ambition that their solutions lead to mass adoption, replication and scaling.
Listen to the episode now and join the conversation.
Source links you must refer to : CNN, Nominations, Episode no. #25, Winners of The Earthshot 2021, Nominators
Keyword : What is a circular economy?
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