Let's help others become more resilient.
Verizon Climate Resilience Prize winners receive $500k to scale climate solutions.
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It’s no secret, we are working to make the world a better place for all, and that doesn’t just stop with our own business. We’re encouraging other companies to do the same by supporting innovative solutions that can positively impact our communities and our environment.
The Prize
In October of 2021, in partnership with GreenBiz and the Adrienne Arsht-Rockefeller Climate Resilience Center, Verizon announced the Climate Resilience Prize, which recognizes next-gen solutions that demonstrate real-world results and are ready to be scaled to help at-risk communities. Applications were sent in by several companies and evaluated by a panel of subject matter experts in the field of climate.
We are excited to share the three Climate Resilience Prize winners who were awarded a total of $500,000 to help reduce the impacts of climate change.
And the winners are:
- Leading-Edge Tech Solution: Hyfi. Hyfi provides high-resolution water level data to help stormwater managers, first responders and the public respond to floods in real-time.
- Frontline Community-Led Solution: Forestry and Fire Recruitment Program (FFRP). As the risk of wildfires continues to spread within California and beyond, FFRP recruits and employs formerly incarcerated individuals in forestry work to prevents and fight wildfires.
- Nature-Based Solution: Coral Vita. Coral Vita protects threatened ecosystems by growing diverse and resilient corals on land up to 50x faster and, through a mission-based commercial model, planting them in degraded underwater reefs.
Our goals
Through Citizen Verizon, our sustainability goals are to source or generate renewable energy equivalent to 50 percent of its annual electricity consumption by 2025 and achieve net-zero operating emissions by 2035. We are well on our way to achieving these goals. We have signed 20 agreements in 11 states, and are expected to enable the avoidance of over 4.8* million metric tons (MT) of CO2 annually.
Let’s put that into perspective. A fully assembled space shuttle is 184 feet tall and weighs 4,500,000 pounds. That means we are on pace to avoid over 21,333 space shuttles worth of CO2 emissions each year. Now that’s far out!
What climate goals are you passionate about? Tell us in the comments below. Stay green V Team.
