
Past Finalists and Winners
The prospectuses and presentations of Kellogg-Morgan Stanley Sustainable Investing Challenge finalists are not only a great reference for participating students, but are an evolving record of the evolution of the field of sustainable finance, and, in some cases, early iterations of what have now become successful ventures.
Click through each year below to see the prospectuses and final presentations that were deemed the strongest in that year of the competition.
Imperial College London
2026 Third Place
Amazonia Yield Bond
Aiming to break the cycle of deforestation in the Brazilian Amazon, this securitization is structured to finance agroforestry by aggregating asset-backed loans to smallholder agricultural cooperatives and generating returns from carbon credits and sustainable timber.