Creating tangible impact in the world requires focused work. The BMW Foundation is dedicated to addressing concrete challenges that, when solved, create the greatest global impact. For each challenge that we undertake, we set measurable goals and a defined time frame for our work, and we hold ourselves accountable to both. To achieve our desired results, we employ the "Start to Impact (S2i)" process. In this approach, we carefully select and convene a team of experts who are best positioned to address the specific challenge at hand. Together, we align on the key priorities and commit to a well-defined process for implementing the right solutions.We actively support the collaboration of this expert team through our established process, and carefully manage the timeline and output of their work.
challenge 1
International collaboration to accelerate the energy transition
To mitigate the devastating effects of climate change, the transition to reliable, affordable, sustainable energy sources is crucial. Energy and infrastructure are also the backbone of a thriving society and economy. While there are many efforts currently underway to accelerate the transition to renewable energy, we’ve seen fragmented efforts hamper progress. With the first Challenge “International collaboration to develop energy transition and infrastructure solutions” the BMW Foundation aims to facilitate international collaboration that accelerates the net-zero transition, bringing about change more quickly and more cost-effectively. First initiative: We’ve teamed up with the Energy Resilience Leadership Group (ERLG) to guide leaders in their efforts to reduce Europe’s dependence on natural gas. With its industry connections and wealth of knowledge, the ERLG will serve as a valuable partner in accelerating the energy transition. The goal of this private-public-philanthropic partnership is to bring leaders from politics, industry, and the financial world together to achieve an energy breakthrough as quickly as possible.
INITIATIVESRESPOND
The RESPOND Accelerator is an international startup acceleration program for deep-tech startups. We support founders from across the globe to advance and help businesses grow that contribute to the transition towards a net-zero economy.
