Core Insights - TERA-Award 2026 launches with a prize pool of US$1.15 million, aiming to accelerate breakthrough energy technologies for climate solutions through collaborations with UNCTAD and the University of Cambridge [1][6] - Founded in 2021, TERA-Award has attracted nearly 2,000 projects from 76 countries, awarding a total of US$4.65 million [2] - The 2026 edition introduces two new categories: AI × Energy and Next-Generation Energy, addressing the integration of AI in energy systems and advanced nuclear technologies [4][5] Collaboration and Support - UNCTAD provides policy expertise and global networks to connect TERA-Award innovations with international markets for rapid deployment [3] - CISL enhances evaluation through leading climate and energy research to identify commercially viable projects [3] - InvestHK supports TERA-Award by bridging innovators to Asia and emphasizes the role of policy support and research excellence in driving climate innovations to market [6] Application and Engagement - Applications for TERA-Award 2026 are open until late April, with roadshows planned across Europe and Asia to engage global innovators [6][8] - The previous edition, TERA-Award 2025, attracted 785 projects and held a successful award ceremony at the University of Cambridge [8]