IFC Boosts Climate Financing in Vietnam to Propel Green Transition
The International Finance Corporation (IFC) has scaled up its climate financing in Vietnam, to strengthen private sector resilience and green economic growth.
Sustainable finance
How to Appeal to Gen Z With Your Fintech Solution
Gen Z is gradually emerging as a major influential power in the e-commerce sector. Although Gen X still remains the biggest spender, Zoomers are expected to display the fastest spending power growth in the next 10 years. Here is how to cater to this increasingly important consumer category with a suitable fintech solution.
DBS Leverages PBOC’s Carbon Emission Reduction Facility to Issue RMB 500M Green Loan
The green loan provided by DBS will help Envision Energy develop a 100-megawatt wind turbine farm in the Henan province in northeastern China.
Net Zero Gold: Challenges & Opportunities
While not being the most carbon-intensive production in the world, gold mining is still responsible for around 0.3% of annual global emissions. The transition to net zero is challenging due to the nature of the complex mining process and other factors, but it also may be truly rewarding if all opportunities are considered.
HSBC & SBF to Help Singapore Businesses Expand to Greater Bay Area, India, and the Middle East
Due to the fresh partnership, businesses in Singapore will be able to leverage global HSBC network and solutions for international expansion and net-zero transition.
Blockchain Exchange Net Zero-X Launches to Tackle Financing Gap for Climate Projects
Singapore-based blockchain exchange for impact investors Net Zero-X aims to support financing vetted green, clean, and climate tech projects.
IFC and EPIC Group Partner to Support Sustainable Textile Manufacturing in Bangladesh and India
The International Finance Corporation (IFC) partnered with EPIC Group, a leading player in the global apparel industry and a sustainable fashion company, to help finance its green capital expenditure program and support sustainable textile facility expansion in Bangladesh and India.
MAS to Invest S$35 million to Upskill Sustainable Finance Specialists
The Sustainable Finance Jobs Transformation Map (JTM) laid out by MAS aims to support upskilling and reskilling in the financial sector and develop a new range of specialists in sustainable finance over the next three years.
Climeworks Solutions Fast-Track Carbon Removal
Climeworks extends its DAC offering with Climeworks Solutions – holistic carbon removal portfolios tailored to the individual needs of different companies.
Green Finance Becomes a New Norm: Research
The new LBBW study “Sustainability and Green Finance” confirms that combining finance with sustainable aspects is increasingly becoming normal rather than exceptional.
Sustainable Miners to Suffer Less From Bitcoin Halving
Bitcoin halving event is typically a challenging period for the miners, yet those who operate based on energy-efficient models are more likely to keep operations profitable during that time, explain U.S. mining firms.
How Bitcoin Mining Promotes the Transition to Renewable Energy
Eco-activists have long been opposing crypto mining due to its perceivably high energy intensity. What if I tell you that Bitcoin mining can not only be sustainable but also promote the global transition to renewable energy?
IFC Launches AI Tool for Sustainable Investments
MALENA from IFC leverages artificial intelligence (AI) to transform environmental, social, and governance (ESG) analysis for emerging markets and facilitate sustainable investments.
Emerging Renewable Energy Trends
Green energy is gaining traction, as numerous government and private initiatives vow to boost renewable energy transition across the globe. What does 2024 have in store for the renewable energy market? Let’s look at the most vivid tendencies and trends that will shape the industry this year.
BIS to Focus on Cybersecurity, CBDCs and Green Finance in 2024
The Bank for International Settlements (BIS) announced its work program for the year, which includes six new projects exploring the issues of cybersecurity, fighting financial crime, CBDCs and green finance.
World Bank Aims to Surpass $40 Billion Climate Funding Goal Next Year
The World Bank Group – the biggest provider of climate finance to developing countries – is now aiming for 45% of all financing to go toward climate projects by 2025.
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