Acceptance of the terms and conditions of this agreement (the "Competition Terms and Conditions") is a prerequisite for participation in the Prize Competition (as defined below) arranged by the Global Challenges Foundation, with registration number 802477-3494, and address Birger Jarlsgatan 57 C, Stockholm Sweden (the "Foundation"). The Foundation is a non-profit foundation and the Foundation does not conduct any business or have any commercial interests. For the avoidance of doubt, the Prize Competition should not be interpreted as promoting any interest of the Foundation other than the development of a global governance model.
If the registration to participate is submitted on behalf of a legal entity, the individual submitting the registration must be authorized to sign on behalf of such legal entity.
The Foundation and the Participant are also referred to below as the "Parties" and individually as a "Party".
Background and Introduction
A. The purpose of the Foundation is to raise awareness of the greatest threats facing humanity. In particular, the Foundation seeks to raise awareness of climate change, other environmental damage and political violence, and how these threats are linked to poverty and the rapid growth in the global population.
B. In the course of its activities, the Foundation intends to arrange a prize competition concerning the matters as set out and described under C to E below and in accordance with is the provisions set out in these Competition Terms and Conditions (the "Prize Competition").
C. Today, mankind lives not only in national societies, but also in a global community. This means that the behavior and decisions of the inhabitants of nation states also impact the vital interests of inhabitants of other countries. Global warming may be the most obvious example: Greenhouse gas emissions in any particular country will have an impact on global climate change.
D. The world community is facing a number of major global challenges which have to be jointly managed by all countries through increased co-operation and an increased understanding of our interconnectedness. Other than climate change, the major problems and risks are other large-scale environmental damage and politically motivated violence (war, civil war, terrorism, weapons of mass destruction). Other major problems faced are extreme poverty and rapid population growth.
E. Rapid population growth – the global population has quadrupled over the last 100 years (which is one of the main reasons for the problem we face today), and is expected to increase by another 50 percent by the year 2100 – exacerbates all these problems. Despite this, and despite the knowledge that there are not nearly enough resources on the planet for the entire population of Earth to enjoy the current Western standard of living, the issue is not on the political agenda.
In order to manage these challenges, we need effective ways of making collectively binding, long-term decisions that take into account the interests of all those affected, including future generations. The system currently in place to manage these issues – including the UN and the organizations connected with the UN – are, in their present form, not up to the task. Today, these challenges are responded to using yesterday’s tools – multilateral negotiations which are susceptible to short-term national interests. As a consequence, the necessary action is either not taken or is taken too late, while the problems and risks continue to grow.
The Foundation wants to challenge participants from all over the world to formulate alternatives to the present state of affairs – either by complementing, strengthening and revising the present UN system, or by proposing completely new forms of governance. The proposals should be drafted with the aim of identifying and, as far as possible, preventing or minimizing challenges of the kind mentioned above.
1. General rules governing the Prize Competition
a) The Prize Competition is open to anyone - individuals, groups of individuals, companies, associations, universities and other legal entities - anywhere in the world, provided the relevant individual(s) is/are above the age limit, as set out in applicable law, to participate in the Prize Competition and is not a Restricted Person (as defined below). Every Competition Entry requires one contact person for registration, and such contact person will be considered the Participant for such Competition Entry and be responsible for compliance with these Competition Terms and Conditions. However, if such contact person is submitting a Competition Entry on behalf of a legal entity, such legal entity will instead be considered the Participant.
b) It is free to participate and no fees or other costs will be charged to the Participants.
c) A Participant must register its interest in participating in the Prize Competition by registering at https://globalchallenges.org. Upon registration, the Participant will receive further information on how to submit a Competition Entry. The registration period is open from 24 November 2016 until 31 March 2017. A Participant may register its interest in participating in the Prize Competition later than 31 March 2017, but the Foundation reserves the right, in its sole discretion, to decline a registration and the participation by a Participant registered after 31 March 2017. Such late registered Participant will, as soon as reasonably possible, be informed by the Foundation whether he or she may still be allowed to participate in the Prize Competition. For the avoidance of doubt, registration does not result in any obligation for the Participant to submit a Competition Entry.
d) Competition Entries can be submitted in English, Mandarin, Spanish, Russian, Arabic, and French. Competition Entries in any other language will not be accepted.
e) Multiple Competition Entries from the same Participant are acceptable as long as they all address the format of the Competition Entries as set out in section 2 below.
f) Participants can submit Competition Entries from 1 April 2017 until 30 September 2017. No Competition Entries will be accepted after 30 September 2017.
g) The Competition Entries will be reviewed and assessed in accordance with section 3 below.
h) The final results of the Prize Competition are expected to be announced in April 2018.
i) The Foundation will not accept any Competition Entries from participants that (as of 21 June 2016 onwards) are connected to the Foundation, such as employees, board members, agents or other contracted consultants or any family member of any such persons ("Restricted Persons"). The Foundation will not accept any Competition Entries of any such Restricted Person and reserves all rights to disqualify any Competition Entry submitted by a Restricted Person.
2. Content and Format of Competition Entries
2.1 The Task
The participant must design a governance model able to effectively address the most pressing threats and risks to humanity. In other words, the task is not to come up with direct solutions to specific problems. Rather, it is to design a general model for decision-making, with the aim of generating such solutions and the ability to do so, and possessing the resources to effectively implement them.
The governance model must also be such that it can be implemented within the foreseeable future. This requires that it be acceptable to major states and the wider international community. A significant measure of civic acceptance is also required. This requirement eliminates models that rely on time-consuming and controversial changes in the political system of individual states, e.g. models that postulate that all states should be democracies.
Furthermore, the governance model must involve a minimum of limitations to the sovereignty of nation-states, meaning that it should involve only such limitations as are necessary to ensure that national decisions do not seriously harm the vital interests of inhabitants of other countries, or of humanity as a whole. In other words, decisions within the governance model must not deal with the internal affairs of individual states.
The contributions must consist of the following three parts:
a) Abstract (no more than 1000 words)
The abstract must summarize the design of the model, including the institutions, regulations, decision-making paths and control mechanisms it involves, as well as how key individuals and other decision-making bodies are to be appointed.
b) Description of the Model (no more than 5500 words)
The document must be divided into subsections with clear and descriptive headings. The Participant must clearly define the functions of the various components, their areas of responsibility and the extent of their decision-making mandate. Also, describe how the model is meant to manage both current and emerging challenges and risks.
c) Argumentation demonstrating how the model meets the assessment criteria (no more than 2750 words)
For each of the criteria listed in section 2.2 below, the Participant must provide convincing arguments as to how the proposed model meets the criterion.
2.2 Assessment criteria
Entries will be assessed based on how well they can be expected to manage global challenges and meet the criteria listed below:
a) Core Values
Decisions within the governance model must be guided by the good of all humankind and by respect for the equal value of all human beings.
b) Decision-Making Capacity
Decision-making within the governance model must generally be possible without crippling delays that prevent the challenges from being adequately addressed (e.g. due to parties exercising powers of veto).
The governance model must be capable of handling the global challenges and risks and include means to ensure implementation of decisions.
d) Resources and Financing
The governance model must have sufficient human and material resources at its disposal, and these resources must be financed in an equitable manner.
e) Trust and Insight
The trust enjoyed by a successful governance model and its institutions relies on transparency and considerable insight into power structures and decision-making.
In order to be able to fulfil its objectives effectively, a successful governance model must contain mechanisms that allow for revisions and improvements to be made to its structure and components.
g) Protection against the Abuse of Power
A control system must be in place to take action if the organization oversteps its mandate, e.g. by unduly interfering with the internal affairs of nation states or favoring the special interests of individuals, groups, organizations, states or groups of states.
h) It is a fundamental requirement of a successful governance model that it performs the tasks it has been charged with, and the governance model must include the power to hold the decision-makers accountable for their actions.
a) The Foundation will conduct an initial review of the Competition Entries to ensure that the Competition Entries fulfil and comply with the format of the Competition Entries as set out in section 2 above.
b) All eligible and complete Competition Entries that comply with the format of the Competition Entries as set out in section 2 above will be assessed by an Expert Academic Panel (as defined below). The Expert Academic Panel will develop a list of the best Competition Entries to be presented to the Jury (as defined below). The list may also include Competition Entries that present unique solutions to certain sub-problems or include good ideas on how to implement the new governance model.
c) Competition Entries will be assessed on the basis of how well they can be expected to fulfil the criteria listed in section 2.2 above. In some cases, ensuring that certain goals are met may make it harder to realize other goals. In such cases, trade-offs must be made. How well participants manage such trade-offs will be an important factor in the assessment. Good ideas on how to establish the governance model in reality will also be considered in the assessment.
d) The Expert Academic Panel will present the list of Competition Entries to the Jury. The Jury will review the listed Competition Entries and each Jury member will select Competition Entries that have qualified for a final judging day to take place in Stockholm in April 2018 (the "Judging Day").
e) The Participants of the qualified Competition Entries will be notified and invited to the Judging Day. The Participants will be asked to present their Competition Entry before the Jury on the Judging Day.
f) After the Judging Day, the Jury will evaluate the final Competition Entries and decide on the winning Competition Entry/Entries and, if any, other Competition Entries to be awarded.
g) The Expert Academic Panel's and the Jury's decision is final and may not be appealed.
h) No questions regarding how a particular Competition Entry has been assessed will be answered by the Foundation and no other feedback will be given on a submitted Competition Entry.
i) The expert academic panel will be appointed by the Foundation and will consist of a group of leading academics working in relevant fields (the "Expert Academic Panel"). The Expert Academic Panel will be announced on the Foundation's website no later than June 30, 2017.
j) The jury will be a high-level international jury of respected global figures (the "Jury"). The Jury will be announced on the Foundation's website no later than June 30, 2017.
4. Prize money
a) The total prize money that may be paid out in the Prize Competition, in the sole discretion of the Foundation, is five million U.S. dollars (USD 5,000,000).
b) Should the Jury decide to award a Competition Entry first prize, such Competition Entry will be awarded at least one million U.S. dollars (USD 1,000,000).
c) The prize money, five million U.S. dollars (USD 5,000,000), reduced by the amount awarded to the winning Competition Entry (if any), may be allocated to other Participants and may be divided in any number of equal or non-equal portions, all according to the value placed on the Competition Entries as determined by the Jury in its sole discretion for the purpose of the Prize Competition. For the avoidance of doubt, the Jury may decide to award a portion of the remaining prize money to a Competition Entry that does not fulfil all of the formal criteria set out in section 2 above.
d) Below are some examples of how the Jury may decide to divide the prize money among Participants.
- The winning Participant: USD 3 million (USD 1 million for winning first prize + USD 2 million of the remaining prize money)
- The second place Participant: USD 1 million
- Other Participant whose contribution did not fulfill all criteria to win but nevertheless impressed the Jury: USD 1 million
- The winning Participant: USD 5 million (USD 1 million for winning first prize + USD 4 million of the remaining prize money)
- The winning Participant: USD 3 million (USD 1 million for winning first prize + USD 2 million of the remaining prize money)
- The second place Participant: USD 1 million
- The third place Participant: USD 500 000
- The fourth place Participant: USD 200 000
- Other Participant whose contribution did not fulfill all criteria to win but which nevertheless impressed the Jury: USD 300 000
e) Any prize money will only be paid out to the Participant that submitted the registration for entering into the Prize Competition (regardless of the number of participants that contributed to the Competition Entry).
f) The Participants that submitted winning Competition Entries will be notified in person by post or telephone. Other Participants will not receive any notification of the results of the Prize Competition other than the information provided on the Foundation's website.
g) The Foundation reserves all rights to conduct searches and perform due diligence in accordance with applicable legislation on any Participants that may be awarded any prize money.
h) For the avoidance of doubt, the Foundation is under no obligation to pay any prize money to any individual Participant, and no individual Participant is entitled to receive any sort of compensation, financial or other, in connection with the Prize Competition other than prize money (if any).
i) This prize money constitutes the total amount that will be paid for the winning Competition Entries and covers all taxes, social security charges and other fees and charges of any kind whatsoever payable by both the Foundation and the Participant, including VAT and similar taxes and charges which are payable if the compensation is paid to a legal entity. The prize money will be paid into the bank account provided by the Participant. The prize money will be paid out within forty five (45) days after the winner(s) is/are announced.
5. Intellectual property rights
a) The Participant hereby grants to the Foundation a non-exclusive, irrevocable, transferable, sublicensable, royalty-free, perpetual, worldwide right and license to use, reproduce, publish, compile, execute, modify and create derivative works of the Competition Entry (in whole or in part) and all rights relating thereto (including any related documentation). Such rights include, but are not limited to, for example, the publication, assignment, forwarding or editing of the Competition Entry to the extent desired by the Foundation. In conjunction with the use of the Competition Entry, the Foundation shall safeguard the Participant’s moral rights in accordance with generally accepted practices.
b) The fact that the Foundation elects to publish a Competition Entry does not automatically mean that the Foundation shares the opinions expressed in the Competition Entry.
c) Where the Participant is employed by another party (the "Participant's Employer"), the Participant may not participate in the Prize Competition if the employment in any manner may prevent the Participant from participating in or complying with the Participant's obligations or assignment of rights hereunder unless the Participant's Employer has approved the Participant's participation in the Prize Competition.
d) The Participant shall perform or execute (or procure the performance or execution of) any acts or documents required by the Foundation that it may consider necessary or desirable to complete or perfect the right and license described in section 5.
6. Participant's warranties
a) The Participant warrants that the Participant owns the copyright to the Competition Entry and that all rights to the Competition Entry can be licensed to the Foundation in accordance with section 5 above.
b) The Participant warrants that the Competition Entry does not infringe any third-party intellectual property rights and undertakes to indemnify the Foundation for any costs and losses of any kind whatsoever arising from any third-party claim that the submitted Competition Entry infringes the rights of any third party or that a third party holds any rights to the Competition Entry.
c) The Participant warrants that the rights to use a submitted Competition Entry has not been exclusively licensed or otherwise assigned or transferred to any third party.
d) The Participant warrants that it is not prevented due to any employment from participating in the Prize Competition and that the Participant has obtained the approval of the Participant's Employer to the extent required for the Participant to fulfill all obligations hereunder, including the obligation to transfer all rights related to the Competition Entry to the Foundation as set out hereunder.
e) The Participant warrants that a submitted Competition Entry does not constitute plagiarism and complies with the standard for source referencing and references to other people's work which follow from Harvard's (or any other generally accepted reference system's) bibliographical references and source referencing standards. The Foundation may use online-based plagiarism checks to detect plagiarism.
f) The Participant warrants that it is not prevented by any statues, rules, regulations, bylaws or contracts from entering into the Prize Competition.
7. Compliance with law and prevention of money-laundering, corruption and bribery
a) By accepting these Competition Terms and Conditions and participating in the Prize Competition, the Participant acknowledges that:
(i) the Participant will not violate any applicable laws, regulations, policies or rules, including relating to money-laundering, corruption, bribery, financing of terrorism or any other similar offences; and
(ii) the award of any prize is not in exchange for an agreement to influence a recent, pending or anticipated act or decision that may result in the Foundation obtaining or retaining business or a business advantage or any other benefit.
b) The Foundation reserves all rights to conduct a Know Your Customer (KYC) assessment of the Participant (to the extent permitted by law) and, in its sole discretion, to disqualify any Participant who commits or might potentially commit any offence or breach as referred to in (a) above.
8. Applicable law and dispute resolution
These Competition Terms and Conditions are governed by Swedish law, without the application of its choice of law rules. Disputes arising from these Competition Terms and Conditions will be determined by the courts of Sweden, the Stockholm District Court being the court of first instance.