UNDP (United Nations Development Program) launches a new call to action— Ocean Innovation Challenge (OIC) to accelerate progress on SDG (Sustainable Development Goals) 14 targets. The OIC seeks innovations that are transferable, replicable and scalable. The Challenge grants range from $50,000 to $250,000.
Recognizing the increasing urgency of tackling ocean pollution, particularly from plastics and nutrients, the first of several planned OICs focuses on SDG 14.1- Reduce Marine Pollution.
The Ocean Innovation Challenge (OIC) is a unique new mechanism that has been designed to accelerate progress on SDG14 by the identifying, financing, advising and mentoring of truly innovative, entrepreneurial and creative approaches to ocean and coastal restoration and protection that sustains livelihoods and advances the ’blue economy’. The OIC seeks innovations that are transferable, replicable and scalable in order to achieve maximum catalytic impact. The deadline for applications is 5 March 2020.
- The innovations to be submitted can include technological as well as cutting edge policy, regulatory, financial, economic or other actions that address either sea-based or land-based sectors.
- Initial concepts can be submitted by public or private entities, including governments, private companies (including startups), NGO/CSO, United Nations entities, academic institutions, and intergovernmental organizations.
- The Challenge must be implemented in and benefit stakeholders in developing countries, but may be submitted by developing or developed country proponents.