ADB Innovation Challenges For Clean & Smart AirCon Alternatives

ADB Challenge
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Can you help ADB find and implement these solutions?

Challenge Overview 

The transmission of viruses, such as the coronavirus causing COVID-19, can be prompted by centralized air-conditioning systems. In developing countries, the risks of virus transmission are higher because of issues of poor hygiene, the use of old air-conditioning equipment, lack of regular maintenance, and overcrowding in closed spaces. 
 
Inefficient centralized air-conditioning (CAC) systems in many Asian and Pacific countries account for up to 50% of energy consumption in public buildings.  These systems rely heavily on hydrofluorocarbons (HFCs), a greenhouse gas potentially thousands of times more potent than carbon dioxide.  
 
The Asian Development Bank (ADB) is promoting disease resilient clean energy development in developing member countries (DMCs) of ADB. Through support from the High-Level Technology Fund (HLTF) and the Clean Energy Fund (CEF) under the Clean Energy Financing Partnership Facility (CEFPF), ADB aims to test and demonstrate innovative solutions that will improve energy efficiency, mitigate the risks of virus transmission, and ensure safe working conditions in public buildings by deploying efficient, clean, and smart CAC systems.

PROBLEM STATEMENT 

With this Technology Innovation Challenge, ADB is asking innovators (start ups, academe, independent researchers, technology providers, and other public and private sector entities) around the world to tackle the following problem statement:  
How can innovative technologies be utilized to develop disease resilient and energy-efficient centralized air-conditioning systems in public buildings?

SOLUTION COMPONENTS 

ADB Innovation Challenge
image : ADB

SEED FUNDING 

With this Technology Innovation Challenge, ADB is asking innovators (start ups, academe, independent researchers, technology providers, and other public and private sector entities) around the world to tackle the following problem statement:
Up to USD 295,000 will be awarded to the best solution!
This international challenge aims to encourage submitters to ‘think global’ with their solutions with the objective of pilot testing and scaling your solution in 3 public buildings in one of ADB’s developing member countries (DMCs) in Asia and the Pacific.
IMPORTANT: You must co-finance at least 10% of the total cost of the project from your own resources, which may include funding provided by other organizations.

TIMELINE 

ADB Innovation Challenge Timeline
image : ADB

Deadline : 11 June 2021

Click here for more information on the Challenge Rules

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ABOUT ADB : 

The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific while sustaining its efforts to eradicate extreme poverty. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development.
 
ADB, in partnership with member governments, independent specialists, and other financial institutions is focused on delivering projects in developing member countries that create economic and development impact.
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