Equatic has been announced as a finalist for The Earthshot Prize 2024. In its award statement, The Earthshot Prize concluded that "Equatic is rewriting the future of Carbon Removal by working hand in hand with nature. It's carbon dioxide removal (CDR) technology uses the power of the ocean to lock away harmful CO2, offering a safe, scalable solution to the climate crisis."
This year’s Earthshot Prize Finalists were selected from nearly 2,500 nominees submitted by the Prize’s network of more than 430 nominators from 75 countries. Equatic is one of three Finalists in the "Fix our Climate" category. The Finalists were chosen by The Earthshot Prize based on assessments done by its selection partners and Expert Advisory Panel, a global group of more than 100 subject-matter experts with deep backgrounds in conservation, science, technology, business, finance, academia and policy.
"Today, we celebrate the incredible achievement, unwavering dedication and urgent optimism that drives our fourth class of Earthshot innovators", said Prince William, Founder and President of The Earthshot Prize. "The passion of these Finalists is a testament to what can be achieved when we tap into the enormous creativity, ingenuity, and optimism of communities around the world. Representing every corner of the globe, these Finalists are leading the way in solving some of the most urgent environmental challenges. Their groundbreaking work is inspiring hope and action as we work to create a sustainable future for generations to come."
During the year-long search and select process, each Finalist’s solution was evaluated for its potential to disrupt environmental challenges and positively impact people, communities and our planet. As a result, the 2024 Earthshot Prize celebrates the most competitive cohort to date. The 15 Finalists hail from six continents and include several firsts for The Prize, including the first Finalists from France, Ghana, Indonesia, Kazakhstan and Nepal.
As The Prize continues its journey to repair and regenerate the planet, it has become a powerful global search engine unearthing the best environmental solutions and a platform for impact to catalyze critical investment and resources towards these solutions. Today’s announcement brings the number of global solutions honored as Prize Finalists to 60, a major milestone in The Prize’s efforts to uncover and elevate the most promising climate solutions around the world. The Prize has also helped unlock more than £75 million in direct and in-kind support for Finalists since its founding in 2020.
The Prize is focused on discovering, spotlighting and helping scale innovative solutions that the world needs if we are to collectively achieve critical environmental goals. Solutions selected align to the five ‘Earthshots’ – simple, ambitious and aspirational goals defining the world we wish to build for future generations: Protect and Restore Nature, Clean Our Air, Revive Our Oceans, Build A Waste-Free World and Fix Our Climate.