Congratulations to Fairventures Social Forestry for emerging the grand prize winner of The Liveability Challenge 2022!After a four-month search for the most inspiring sustainability solutions, six teams were selected to pitch their ideas to an esteemed panel in an exciting hybrid showdown at The Liveability Challenge Grand Finale on 9 June 2022, at Marina Bay Sands, in partnership with Ecosperity Week 2022.Fairventures Social Forestry swept the grand prize of S$1 million in funding to sustainably manage forests and improve livelihoods in Jambi, Indonesia, using a scalable social forestry model that incorporates blended finance.Six more prizes of investment opportunities were awarded to finalists.
1. A $100,000 investment by PlanetRise and a S$50,000 investment by Quest Ventures: Fairventures Social Forestry
2. A S$50,000 investment by Quest Ventures: ImpacFat
3. A S$100,000 investment by Amasia: GAIT
4. A S$100,000 investment by Silverstrand Capital
5. A S$100,000 by Purpose Venture Capital: Red Dot Analytics
The Liveability Challenge 2023 doubles prize money to S$2 million to spur the development of more game-changing projects
Challenge launched at Cities: Possibilities which outlines concrete steps cities can take to decarbonise