About the BRICS Solutions Awards
The BRICS Solutions Awards celebrates and promotes innovative projects that drive climate change mitigation, environmental sustainability, and the efficient use of natural resources. These awards spotlight high-impact initiatives tackling global challenges while fostering sustainable development across BRICS nations. Aligned with the strategic priorities of the BRICS Business Council (BBC), they strengthen BRICS' role as a global leader in advancing environmental and climate technologies.
Target audience: legal entity (for-profit companies, non-profit organizations and associations, public institutions, universities, startups, etc.), an individual, a public authority, a local government body.
Competition Format
Regional Phase (April - May 2025)
The regional phase will be led by local experts from BRICS member countries, who will assess projects at the national level. Each country will compile a shortlist of the top-ranked projects, with the best from each nation advancing to the final phase.
Final Phase (June 2025)
The projects shortlisted at the regional level will be assessed by a Brazilian panel of experts, who will evaluate all submissions and select the final winners. The BRICS Solution Awards winners will be announced at the BRICS Business Forum.
Award Categories
1
Bioeconomy
The bioeconomy is a vital pillar for building a sustainable future, promoting the use of renewable biological resources to replace fossil-based materials and reduce environmental impact. This award category recognizes innovative solutions that drive the transition to a circular economy by maximizing resource efficiency and transforming waste into value. Submitted projects must demonstrate a positive impact on BRICS nations, showcasing technological innovation, economic viability, and contributions to climate change mitigation and biodiversity conservation.
2
Energy Transition
The energy transition is a critical global challenge, requiring technological innovations to replace fossil fuels with sustainable alternatives. This award category recognizes projects that drive decarbonization, improve energy efficiency, and accelerate the adoption of renewable energy, strengthening energy security and sustainability across BRICS nations. Submissions must demonstrate a tangible impact on emissions reduction, economic feasibility, and scalability while contributing to the democratization of access to clean, reliable energy.
3
Digital Transformation for Sustainability
Digital transformation plays a crucial role in building a sustainable future by optimizing resource efficiency, streamlining industrial processes, and reducing carbon emissions. This award category recognizes technological innovations that harness artificial intelligence, advanced data analytics, and automation to drive sustainability. Submissions must demonstrate a measurable impact on reducing environmental footprints, economic viability, and the integration of digital technologies into key sectors across BRICS nations.
4
Circular Economy
The circular economy aims to transform production and consumption patterns, emphasizing the reuse, recycling, and regeneration of materials and natural resources. This strategy reduces waste, extends the life cycle of products, and mitigates environmental impacts. This award category aims to recognize technological innovations and business models that facilitate the transition to a circular economy within BRICS nations. Projects submitted in this category must demonstrate a positive effect on waste reduction, resource optimization, and the implementation of sustainable production and consumption models.
5
Food Security and Sustainable Production
Ensuring food security and promoting sustainable production are pivotal challenges in addressing climate change and bolstering the resilience of agri-food systems. This award category is designed to recognize technological innovations that boost agricultural productivity and food chain efficiency, while simultaneously minimizing environmental impacts and optimizing the use of natural resources. Projects submitted in this category must demonstrate a positive impact on sustainable food production, contribute to the mitigation of environmental degradation, and ensure access to nutritious food for the population.
6
Innovative Financing for Sustainability
The transition towards a sustainable economy requires innovative financial models that bolster investment in environmental technologies, green infrastructure, and circular business models. This award category is designed to recognize solutions that improve access to sustainable finance, promote transparency, and encourage responsible investment within BRICS nations. Projects submitted in this category must demonstrate a positive impact on capital mobilization for environmental initiatives, economic feasibility, and innovation in financial models for sustainable development.
Assessment Standards
General Concept and Substance of the Practice (15%)
- Clarity of the proposal and anticipated impact
- Alignment with the environmental and climate guidelines of BRICS
Novelty and Uniqueness of the PracticE (15%)
- Use of new (non-standard) approaches when implementing the Practice
Competitive Advantages of the Practice (15%)
- Benefits and advantages compared to current solutions
- Potential for differentiation within the global marketplace
20% - Results and effectiveness of the practice
- Positive impact achieved and cost-benefit ratio of the solution.
- Tangible evidence of environmental, social, or economic advantages
Expert Validation of the Practice (15%)
- Positive impact achieved and cost-benefit ratio of the solution.
- Tests conducted and scientific evidence of the solution's viability
Potential for Replication of the Practice (20%)
- Potential for adoption across various markets and sectors.
- Lack of regulatory or operational obstacles to worldwide implementation.
Award
The winners of the BRICS Solutions Awards will be awarded:
Global Acknowledgment
At the BRICS Business Council and international innovation forums.
Access to Sustainable Investors and Financiers
Incorporating international funds dedicated to climate technology.
Mentorship with Specialists
In the realms of climate change, bioeconomy, and circular economy.
Collaborations with Innovation Hubs
And research institutions dedicated to the development and scalability of solutions.
Award Timeline
Apr
7 | Project Registration
May
16 | End of Project Registration
21 | Regional Phase
21 | Regional Phase
June
9 | Final Phase
Mid June | Final Results
July
Award Ceremony at the BRICS Business Forum in Brazil
Do you have an innovative and sustainable project? Apply now and gain international recognition!
Contact us
BBC Secretariat
bricsbrazil@cni.com.br
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