World Bank Office Ghana
World Bank

The World Bank Group is partnering other stakeholders in search of an appropriate innovation for energy efficiency in Ghana‘s capital.

World Bank Office Ghana
World Bank

In this connection, it launched here on Monday an initiative dubbed the ‘Negawatt Competition’ with stakeholders converging to deliberate on the most pressing energy efficiency challenges in the city of Accra.
The World Bank is collaborating with iSpace Foundation, a co- working technology and creative hub for start-ups, innovators, social entrepreneurs, creators, developers, technologists, designers and change makers in this initiative.
Negawatt Challenge is an international competition empowering communities to innovate around local energy issues.
Using a multi-phase open innovation methodology, this initiative aims to transform cities into more sustainable and energy efficient places.
Cities all over the world have been selected on the basis of their governments’ commitment to energy efficiency and low carbon growth, as well as the existence of dynamic and growing entrepreneurial and technology sectors.
The Accra Negawatt opened with the Challenge Definition Day bringing together different groups of government and nongovernment stakeholders to discuss the most pressing energy efficiency issues Accra is facing.
Cecilia Guilford, Information and Communications Technology (ICT) Specialist at the World Bank Headquarters in Washington, told Xinhua that several start-ups, innovators, and students would be assembled on March 14-15 to identify solutions to the challenges identified on Monday.
“These issues are to be addressed through relevant software, hardware, and new business model solutions identified through the Negawatt Weekend on March 14-15 and refined through a special acceleration program for selected teams in March-April,” she explained.
Three to five groups will then be selected to go through an acceleration process which would last for between two and three months where they would prove the viability of their innovations.
The finalist to be selected would then join other winners from across the world to showcase their innovations for the global awards.? Enditem

Source:?Xinhua

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