NESTA is giving away a £1 million prize fund to the group that manages to reduce its CO2 emissions within its community by 60%

The National Endowment for Science, Technology and the Arts (NESTA) is encouraging people to work together to find new and better ways to reduce CO2 emissions. The £1 million prize fund is designed to encourage and reward people working together to develop new approaches to saving energy. The Big Green Challenge is only open to organisations or groups of people that are formally constituted as ‘not-for-profit‘.

This challenge is about encouraging change and innovation. NESTA is challenging you to reduce your CO2 emissions in your community - which can be local, regional or more widely dispersed - by 60%. Once the ten finalists have been selected, they will have a year to show that they can turn their ideas into action. The winner will be announced in late 2009. These new approaches and solutions to climate change will then hopefully be repeated across different communities to achieve larger reductions in CO2 emissions across a wider scale.

This is an ambitious and difficult challenge and that’s why NESTA is working with partners such as UnLtd to offer advice and encouragement to participants. NESTA will also offer practical support and some funding to the ten finalists.

To take part in the challenge, register at The Big Green Challenge website. NESTA will be publishing case studies, links, tips and stories about the Big Green Challenge on its blog and in its newsletter, so register to keep in touch.

The closing date for entries is February 29th, 2008.