Submitted by Verizon
What you need to know:
BASKING RIDGE, N.J. /CSRwire/ - Verizon announced the four winners of its second Climate Resilience Prize, an initiative enacted to help scale proven, in-market solutions that are focused on mitigating the disproportionate impacts of climate change on vulnerable communities, while awarding a total prize pool of $500,000, or $125,000 each.
In partnership with GreenBiz and Resilient Cities Network, the initiative showcases companies that are using advanced technology, such as 5G, and have demonstrated results of their climate resilience solutions. The winners are provided with funding and ongoing business support to help scale their solutions and reach more in-need communities.
“The Climate Resilience Prize underscores our commitment to support entrepreneurs and change-agents innovating to help limit the impacts of climate change on vulnerable communities, and to foster their creativity in strengthening targeted solutions in the areas of technology, community infrastructure, ecosystems and more,” said Carrie Hughes, Director of Social Innovation for Verizon.
The launch of the second Verizon Climate Resilience Prize was announced at the Aspen Ideas: Climate Conference in Miami, Florida in March 2023. Based on an expert-led panel of judges, the below four winners were recognized as creatively and effectively using technology and digital strategies.
An overview of each of the winners can be found below:
The Climate Resilience Prize, which launched in 2021, is part of Citizen Verizon, the company’s responsible business plan for economic, environmental, and social advancement. Today’s winners are part of Cohort 2; the first group of (three) winners received funding in 2022. To learn more about Verizon's ongoing efforts to support communities in need, please visit CitizenVerizon.com.
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