Resilient Waters Fund Wins the 2024 Kellogg-Morgan Stanley Sustainable Investing Challenge
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- Sustainable Investing Challenge brings together future leaders addressing critical sustainability issues through innovative financial solutions
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University of
Utah's David Eccles School of Business awarded top prize for proposal to save Utah’s Great Salt Lake - Second- and third-place prizes awarded to students from the University of Navarra’s IESE Business School and Columbia Business School
The graduate students from the University of
“Through the Sustainable Investing Challenge, students develop financial solutions to real-world issues, providing them with invaluable experience and insights into sustainable finance,” says Jessica Alsford, Morgan Stanley’s Chief Sustainability Officer and CEO of the Institute for Sustainable Investing. “As the demand for sustainability talent grows across industries, we’re excited to help cultivate a pipeline of emerging leaders committed to driving the transition to a more sustainable future.”
The finalists pitched a wide variety of ideas, addressing social and environmental issues including decentralized microgrid development in the US, wealth transfer in
The second- and third-place prizes of
The Caatinga Bank proposal aims to provide farmers in the Caatinga region of
“Every year, these teams of graduate students demonstrate incredible creativity and drive with their solutions to global problems,” says Dave Chen, Professor of Finance at Kellogg Management School, CEO of Equilibrium Capital and the founder of the Sustainable Investing Challenge. “This year’s winner and runners-up are no different, and we are excited to support them in helping make their ideas a reality.”
The three prize-winning teams were selected by a panel of sustainable finance experts and senior practitioners across the industry to advance to the final round, pitching to judges at Morgan Stanley in
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About The Morgan Stanley Institute for Sustainable Investing
The Morgan Stanley Institute for Sustainable Investing (The Institute) builds scalable finance solutions that seek to deliver competitive financial returns while driving positive environmental and social impact. The Institute creates innovative financial products, thoughtful insights and capacity building programs that help maximize capital to create a more sustainable future. For more information about the Morgan Stanley Institute for Sustainable Investing, visit www.morganstanley.com/sustainableinvesting.
About Kellogg School of Management
The Kellogg School of Management at Northwestern University develops brave leaders who inspire growth in people, organizations and markets. Based just outside of
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Source: Morgan Stanley
FAQ
Who won the 2024 Kellogg-Morgan Stanley Sustainable Investing Challenge?
What was the proposal by the winning team to protect Utah's Great Salt Lake?
How many teams participated in the competition?
What was the prize amount received by the winning team?
Which other teams received prizes in the competition?
