TechEmerge brings technologies to new markets to drive sustainable innovation in regions that need it the most.
We do this by matching best-in-class, proven, affordable technology solutions from around the world with local partners in emerging markets to conduct pilot projects and build commercial partnerships.
After successfully implementing the program in the healthcare sectors in India and Brazil, TechEmerge is now building on this knowledge and networks in collaboration with the World Bank South Asia Climate Change and Disaster Risk Management Team. This collaboration brings together IFC's knowledge of matching technology solutions with the World Bank's (WB) technical knowledge and Government relations in the realm of Resilience. This joint IFC-WB program will support the Government of India, at both the state and central level, to be more resilient and to be better able to respond to natural disasters.
We will do this by performing a detailed needs assessment with our Government partners, identifying top tech companies from around the world that can meet the needs of the Indian market, and matching these tech companies with participating Indian government Disaster Management Authorities. Shortlisted tech companies will meet with local organizations to demo their products and discuss potential pilot opportunities. With the World Bank Group's support, selected innovators and Indian Disaster Management Authorities partner to test and validate technologies in the local setting.
Selected innovators receive guidance from the TechEmerge-World Bank team and will have access to a pool of grant funding to pilot their tech solutions in the Indian market, with the ultimate goal of wider commercial deployment of the technologies. TechEmerge-World Bank team provides support during the market-entry and tech transfer process for both tech companies and Disaster Management Authorities – mitigating financial and operational risks associated with market entry for innovators and reducing adoption risks for local Disaster Management Authorities.
The TechEmerge Resilience India program is part of a World Bank Group (WBG) – CES Global Development Challenge announced at CES2020.
As one of the world’s fastest growing economy, India has projected a $1 trillion investment in infrastructure in the next five years, and aspires to build this in a smart and resilient manner. However, India is also highly vulnerable to natural hazards especially earthquakes, floods, drought, cyclones and landslides. Natural disaster losses equate to up to 2% of India’s Gross Domestic Product and up to 12% of Central government revenue. In the last 20 years India has suffered major losses in terms of infrastructure, particularly electrical infrastructure, housing, public buildings, transport infrastructure, including airports and railway stations, port and harbour areas to natural hazards.
With rising global temperatures, the combination of extreme weather events and sea level rise threaten the basic infrastructure, lives and livelihood. As the world’s fastest growing economy, India has projected a $1 trillion investment in infrastructure in the next five years, and aspires to add more smart and resilient cities and bring more people out of extreme poverty. The country has made remarkable progress in preparing for disasters and saving lives, with a proactive approach in implementing disaster preparedness and risk reduction initiatives. Now governments are also looking at building greater resilience of its communities and infrastructure to extreme events through use of emerging technologies for resilience, preparedness and response – e.g. artificial intelligence using predicative analytics for early warning, to quick damage assessments by drones, to enabling affected communities to communicate needs, to enabling block chain to ensure that aid reaches the people for whom it is intended. The use of emerging technologies can revolutionize the way disaster managers and decision makers acquire, analyze and act on hydrometeorological hazards and impacts of climate change.
The World Bank Group (WBG) is launching a global challenge for tech innovators from around the world that are interested in bringing their solutions to the emerging Indian market, in order to address the regions challenges related to reducing climate and disaster risk, and build the resilience of states and communities that are vulnerable to such risks. This global challenge aims to catalyze the adoption of innovative and disruptive technologies, in order to leapfrog government’s efforts across disaster risk identification, risk reduction, disaster preparedness, response, recovery and overall resilience building.
Selected innovators will receive support and grant funding from the TechEmerge-World Bank team to pilot their tech innovations in the Indian market alongside interested government partners, with the ultimate goal of wider commercial deployment of the technology to deliver sustainable impact. Through consultations with interested government partners, the following preliminary thematic key challenges have been identified for tech solutions. These will be further refined for the Open-call announcement in February.
Indian disaster risk management agencies are looking to adopt new technologies and innovative solutions to build greater preparedness, response and resilience of communities in a cost-efficient manner.
The World Bank Group-CES Resilience challenge presents a unique opportunity and scale for innovators to pilot and deploy their solutions to the above challenges to save lives, livelihood, infrastructure and economies from the impacts of disasters and climate risks.