Ocean Innovation Challenge: Inviting applications for ‘grant’, 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’.

Funding brief: 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 first call for applications opens on 8 January 2020.

The Ocean Innovation Challenge is issuing a series of ‘Ocean Challenges’ or Requests for Proposals, each focused on a specific SDG14 target. Initial concepts may be submitted by public or private entities, including governments, private companies (including start-ups), NGO/CSO, United Nations entities, academic institutions, and intergovernmental organizations. The first ‘Challenge’ opens here on 8 January 2020.

Concepts passing initial review and meeting OIC criteria will be invited to submit full proposals for further internal and external (“peer”) review and consideration. Grants range from 50,000 USD to 250,000 USD and project time frames can range from one to two years. Project proposals must be implemented in and benefit stakeholders in developing countries but may be submitted by applicants in either developing or developed countries. All proposals should include a special focus on ensuring gender equity, livelihoods of the poor and poverty eradication.

Ocean Challenge #1 4.8 – 12.7 million metric tons of plastics reach the ocean each year
The first ‘Ocean Challenge’, launched on 8 January 2020, seeks innovative solutions to counter the scourge of ocean pollution. Nutrient pollution loads to the oceans have tripled since pre-industrial times, now approaching around 13 million metric tons (mt) per year, leading to exponential growth in eutrophication and the occurrence of hypoxic (low oxygen) areas, now numbering over 500 and causing hundreds of billions of dollars in economic damage annually. Globally, there are only a handful of examples (such as the Danube/Black Sea basin) where nutrient loads have been reduced sufficiently to reverse and eliminate hypoxic areas, hence much work remains to be done on this SDG target.

Of the over 300 million metric tons(mt) of plastics produced globally each year, some 4.8 to 12.7 million metric tons reaches the ocean impacting negatively on marine organisms and ecosystems. Only about 9 percent of the over 2 billion mt of plastic produced to date has been recycled, so we remain a long way from truly ‘closing the loop’ on ocean plastics pollution. UNEP estimate the annual damage from marine plastics at USD $13 billion per year and growing. Rivers represent a major vector for the introduction of plastics to the ocean, transporting between 9 and 50 percent of the total.

What are some examples of the types of innovative initiatives that could be funded?
The OIC’s first Ocean Challenge focuses on SDG14.1, Ocean pollution, with a strong focus on nutrients and plastics from land-based sources (such as agriculture, wastewater and poorly managed solid waste) while recognizing that ocean-based sources are also important sources for some types of plastics pollution (such as abandoned/lost fishing nets).

While by no means exhaustive, some general examples of the types of innovations that could be considered include:
Marine Litter/Plastics:
Design, manufacturing, supply chain and other innovations that serve to reduce plastics utilization and/or enhance plastics recovery, recycling and re-use
Design and manufacturing of truly biodegradable substitutes for plastics
Design of recyclable plastic resins that can replace non-recyclable resins in similar products
Introduction of plastics waste collection, recycling and re-use programmes in developing country municipalities including mechanisms for full cost recovery (such as container deposit laws)
Financial, policy, regulatory or other incentives that minimize loss of fishing nets and optimize their recovery for re-use or recycling
Economic, policy, regulatory and other measures/incentives to minimize or eliminate use of unnecessary single use plastic items

Nutrients:
Innovations in fertilizer design, manufacture and/or application that minimize fertilizer nitrogen loss from fields and maximize uptake by crops;
Introduction of market-based instruments that promote more efficient fertilizer use in watersheds/coastal areas facing nutrient pollution (tradeable emission permits, pollution taxes, etc.)
Testing policy, regulatory and/or economic incentives that promote safe collection, recovery and re-use of nutrients from municipal and/or agricultural wastewater.
Piloting of scalable ‘non-traditional’ wastewater collection and/or treatment approaches such as local wastewater source separation for safe collection and re-use of nutrients, etc.

Donor Name: Ocean Innovation Challenge (OIC)
Funding name: No specific fund name

Deadline:
Interested applicants should submit their preliminary proposal here no later than 5th, March, 2020. Early applications are encouraged.
Successful applicants to the first round will be invited to submit a more detailed project proposal before 25th, April, 2020.

Funding details link: Click to view

Funding limit: Concepts passing initial review and meeting OIC criteria will be invited to submit full proposals for further internal and external (“peer”) review and consideration. Grants range from 50,000 USD to 250,000 USD and project time frames can range from one to two years. Project proposals must be implemented in and benefit stakeholders in developing countries but may be submitted by applicants in either developing or developed countries. All proposals should include a special focus on ensuring gender equity, livelihoods of the poor and poverty eradication.

Special Notes: Please contact with the donor directly for further clarification and understanding.

Project start date: Not found
Project duration: Project time frames can range from one to two years.

Eligible organization: As below

Eligibility: Proposals can be submitted by Governments, Private entities (including start-ups), NGOs, CSOs, Academic institutions, United Nations and other intergovernmental organizations

Eligible Country: No country bar found (Open to all regions)

Submission mail: Not found

Other important link:
● Apply: Click to view
About: Click to view

How to apply: Interested applicant may apply through the website (Click to view).

Early applications are encouraged. Submissions are accepted in English, French and Spanish.FundForBangladesh-BorderVisit all Funding opportunities: Click to view

Visit all funding categories:  Click to view

Advertise with us: Click to view or Click to view

Facebook page-Fund for Bangladesh

16864863_1430892390307892_168430222516352964_n

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: