The World Bank Group, together with the Zicklin Center and Wharton School has launched an ideas contest on financing for sustainable development for youth whose entry submission deadline is February 29.
The contest, Ideas for Action (I4A), has been developed in recognition of the fact that today’s youth will be responsible for implementing the newly adopted 2030 Agenda and Sustainable Development Goals (SDGs), approved by the UN in September. The SDGs are a transformative set of goals which cover a broad range of interconnected issues, from sustainable economic growth, to social issues, to global public goods.
Because youth engagement and innovation will be critical for successful realization of the SDGs, the I4A competition seeks to engage young people around the world, encouraging them to develop and share their ideas for financing solutions to deliver the post-2015 development agenda.
The competition is intended to help catalyze a global conversation about these important issues from young people all around the world.
Young people within the 18 to 35-year age group are eligible to submit entries as teams which should be composed of 2 to 6 members. The team members can come from multiple nationalities and individuals from different schools, institutions, companies, etc.
An announcement of submissions selected for final round will be made on March 21, 2016 while the overall winners will be named May 3, 2016.
Applicants are asked to focus on key solution areas – including Domestic Resource Mobilization, Better and Smarter Aid, International Private Finance, Domestic Private Sector as well as Business and Development Innovations.
Applicants have to develop a creative yet realistic and implementable solution that will increase the financing available and/or improve the efficiency and effectiveness of existing funds. Alternatively, teams can select more than one issue, and develop a solution that is based on blended sources of finance. Entries will be evaluated on Significance, Originality and creativity, Feasibility and Clarity.
More info about the I4A contest can be obtained here.