the 11 finalists received any funding or concrete help from Virgin during the 13 years of assessment. Similar competitions Since the Virgin Earth Challenge, two new multimillion climate technology contests have been announced. In 2015, NRG COSIA Carbon XPRIZE was launched. It awards $20 million to "breakthrough technologies to convert emissions into usable products". The prize focuses on commercial exploitation of the carbon capture process. The prize will be awarded in the winter of 2021. In 2021, Elon Musk of Tesla Inc announced a $100 million prize for development of the best technology to capture carbon dioxide emissions. See also Bio-energy with carbon capture and storage (BECCS) Biochar Carbon dioxide removal Carbon negative Carbon sequestration Carbon War Room (also established by Richard Branson) Climate engineering (also called geoengineering and climate intervention) Enhanced weathering Negative carbon dioxide emission List of environmental awards References External links Official website The International Biochar Initiative Greenhouse gas emissions Environmental awards Challenge awards