The 2024 edition, under Brazil’s G20 presidency, will address three specific challenges: developing technology for biodiversity and nature preservation, enhancing the quality and reliability of Environmental, Social, and Governance (ESG) data, and creating open-source tools for financial decisions aligned with SDGs.
Participants from around the world can enter the competition through the Apix hackathon platform, which supports registration and prototype development.
Selected teams will have eight weeks to develop their solutions, which they will present to national authorities and experts for feedback.
An independent panel will select a winning solution for each challenge, with winners announced on 29 November 2024.
Each winning team will receive US$ 25,000, with all shortlisted projects receiving a stipend of approximately US$ 5,000. The deadline for proposal submissions is 31 May 2024.
Agustín Carstens
“The journey towards sustainable finance requires collective action and relentless innovation.
We must continuously push the boundaries of what is possible, leveraging the full spectrum of technological advancements and collaborative partnerships at our disposal,”
said Agustín Carstens, General Manager of the BIS.
Roberto de Oliveira Campos Neto
“Under Brazil’s G20 presidency, this fifth edition of the G20 TechSprint reinforces Brazil’s and the BCB´s commitment to the sustainability agenda, alongside with our goal to foster financial innovations that can positively transform our reality,”
said Roberto de Oliveira Campos Neto, Governor of Banco Central do Brasil.