A US$5 million prize competition is seeking to identify new models of global co-operation capable of handling the most serious threats to humanity including climate change, weapons of mass destruction and extreme poverty.
The Global Challenges Prize 2017: A New Shape was launched today by the Stockholm-based Global Challenges Foundation, set up with the aim of deepening and understanding of global risks and achieving more effective responses to them.The prize competition is based on the premise that the current system of global governance that has evolved since World War II is no longer equipped to deal with 21st century risks. These risks transcend national borders and can affect populations anywhere in the world, including India the second most populated country in the world.
India is amongst one of the many countries where impacts of global catastrophic risks will have far reaching impacts, the Chennai floods or the Cauvery water dispute owing to depletion of natural resources being the recent examples. The competition pledges to bring together the brightest minds and visionary thinkers in India, across academia, policy-making, civil society, business, technology or law, in order to contribute to the re-shaping of global governance and to safeguard our future generations.
Globally, this outreach effort even includes collaborating closely with experts and practitioners currently working within existing global governance institutions such as the United Nations.
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