Quantum Innovation Challenge: Joint-Loss Modelling for Disaster Risk Financing

Can quantum computing improve how we model correlated disaster losses? Join ADB’s Quantum Innovation Challenge to develop and benchmark innovative approaches for disaster risk financing and resilience applications.

CHALLENGE OVERVIEW

In this challenge, we aim to evaluate whether quantum or quantum-inspired approaches can improve the modelling of correlated disaster losses that inform disaster risk financing instruments, parametric product design, and regional risk pooling models.

Catastrophe risk models must estimate how losses from a single disaster can impact multiple locations and assets simultaneously. However, limited data and complex correlations make these risks difficult to model, creating an opportunity to explore quantum and quantum-inspired approaches. 

 

How might we develop more accurate and robust catastrophe risk models that overcome limited historical disaster data and account for correlated losses across diverse geographies and exposures, enabling better disaster risk financing and risk management decisions?


Join ADB’s Quantum Innovation Challenge and help shape the future of disaster risk financing by demonstrating how quantum and quantum-inspired approaches can address one of the field’s most complex modelling challenges.

 

Download detailed Challenge Brief here

TIMELINE

  • APPLICATION

     

    By November 22, 2026

    Teams develop and submit initial quantum or quantum-inspired solutions for evaluation.

  • EVALUATION

     

    November 23-30, 2026

    Expert jury reviews submissions and shortlists up to 5-8 teams.

  • DEEP DEVELOPMENT

     

    November 30, 2026 to January 22, 2027

    Shortlisted teams refine solutions and prepare final submission packages.

  • PITCHING

     

    January 25, 2027

    Finalists present their solutions and selected team(s) are announced.

 
 

WHAT'S IN IT FOR YOU?

 
 
    • USD 20,000 in seed funding will be granted to one (1) selected team to support the further development, validation, and application of its proposed solution.
    • Beyond the challenge, QAI Ventures may explore venture-building support with promising teams.
 
 
Participate