The World Bank and the Wharton School to Host Second International “Ideas for Action Competition” Young Leaders Find New Solutions for Financing Sustainable Development

Philadelphia, November 16, 2015: The World Bank and the Wharton School are hosting the second Ideas for Action competition to provide young leaders from around the world with a unique opportunity to shape the international development agenda. Small groups of students and young professionals (ages 18-35) will develop new approaches to financing and implementing the UN’s newly approved Sustainable Development Goals. Last year's top proposals included ideas such as a new micro-insurance product, an innovative public-private partnership to establish sustainable supply chains, and a novel development impact bond. 

The finalists and winners will be selected by a panel of academics and experienced development professionals from public and private sector institutions. Winners of the competition get the opportunity to present their ideas at the Spring and Annual Meetings of the IMF and the World Bank Group, receive support from a project incubator at the Wharton School, and will benefit from unique networking opportunities with experts from international development,academia, and the private sector. The awards are meant to promote the implementation of the teams’ submissions, thereby providing young leaders with unique opportunities to achieve scalable change in the world. Participants are encouraged to pre-register for the competition as early as possible to receive access to exclusive resources.

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