The CLIMBIZ Challenge is a regional partnership for action on sustainable development and the green economy, initiated by UNDP and the Black Sea Economic Cooperation Organization (BSEC), implemented in partnership with the UNEP, UNDP and IUCN founded SEED Initiative.

The CLIMBIZ Challenge aims to support innovative small-scale and locally driven entrepreneurships in the Black Sea region which integrate social and environmental benefits into their business model.

The goal of the CLIMBIZ Challenge is to support the ability of such entrepreneurs to scale up or replicate their activities in the Black Sea region. This strengthens their contribution to local economies and communities. Transferring their business models to other geographical locations helps further more diffusion of proven solutions, and lastly, the maximization of their impact.


The CLIMIZ Challenge does not carry a money prize. We facilitate access to knowledge, expertise and networks important for scaling and replicating the enterprise. CLIMBIZ offers the Challengers a range of business services, support and networks including high level profiling, often with government officials, development institutions, businesses and investors.


The CLIMBIZ Challenge

An international jury of experts selects and recognizes the most promising and innovative social and environmental entrepreneurs working in the Black Sea region - the CLIMBIZ Challenge Winners, or CLIMBIZ Challengers.

Support for the Challengers

Based on the Challengers expressed needs, they receive a tailored support package from CLIMBIZ and its partners which consists of:
• profiling their initiatives nationally and internationally
• networking with interested organisations, supporters and investors
• skills development and business planning, with a specific focus on impact and investment readiness

Identification of best practices and policy support

A central feature of the CLIMBIZ programme is its commitment to a research and learning agenda. CLIMBIZ aims to distill innovative practices and encountered barriers to support policy formulation of how the growth and replication of social and environmental enterprises can be accelerated in the Black Sea region.