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The Earthshot Prize

Impact Report 2024

The Earthshot Prize is a global environmental prize founded by HRH Prince William in 2020, registered as an independent UK charity in 2022 (charity no. 1198701) and based at Kensington Palace, London. The 2024 Impact Report covers January 2022 to December 2023, documenting £15 million in prize money awarded, over £50 million in additional funding catalysed, and the environmental and social impact of 45 Finalist solutions across five Earthshots, reaching 71 million people through social media in 2023.

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About

Annual Earthshot Prize awarding five £1 million grants across five Earthshots (Protect and Restore Nature; Clean Our Air; Revive Our Oceans; Build a Waste-Free World; Fix Our Climate); Fellowship Programme providing masterclasses, peer networks and media training to scale Finalists; Launchpad match-making platform connecting innovators with investors and philanthropists; Global Alliance network of 200+ partner organisations including Bloomberg Philanthropies, Aga Khan Development Network, Arup, Deloitte and C40 Cities; 1,160 nominations received in 2023, 60% from Global South

Key Metrics

Key Metric 1 £15 million in prize money awarded to 15 Winners across three prize cycles (2021–2023); over £50 million of additional funding catalysed through the Earthshot network for 45 Winners and Finalists
Key Metric 2 Total income £23,450,000 and total expenditure £21,840,000 (year ended 31 March 2024); 2,913 total solutions found by global network of nominators across three prize cycles with 55% growth in nominations from 2021 to 2023
Key Metric 3 71 million people reached by Earthshot Prize social media content in 2023 (40% increase on previous year); over 27 million saw 2023 Awards Ceremony content on TV and YouTube

Key Outcomes

  • 45 Finalist solutions supported across three prize cycles; over 420,000 tonnes of CO2 emissions avoided or captured by Finalists; almost 170,000 square kilometres of land and ocean protected or restored — equivalent to the combined size of Ireland and Iceland
  • 4.4 million people's livelihoods directly improved by Finalist solutions; 500 new green jobs created; 100,000 tonnes of waste removed, upcycled or avoided; 2.5 million tonnes of water saved, reused or recycled
  • In first year after becoming a Finalist, Reeddi saw sixfold revenue increase; Enapter's 2023 turnover passed €30 million (over three times its revenue in its winning year); Kheyti sold five times the number of greenhouses in 2023 versus 2022; City of Milan expanded from two to five Food Waste Hubs since winning

Geography

International

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