Sustainable finance

Finance & Economics

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.

Articles

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.

News

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.

News

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.

News

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.

Finance & Economics

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.

Science & Technology

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.

Finance & Economics

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.

Blockchain & Crypto

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.

Articles

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? 

News

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.

Science & Technology

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.

Blockchain & Crypto

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.

News

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.

News

Karma Wallet Secures Over $2 Million for Sustainable Finance

Karma Wallet, an innovative company in the sphere of sustainable finance, has announced the launch of its eponymous card.

Finance & Economics

Russia’s Sanctioned Sovcombank Applies for US Licence to Make UN Climate Payments

Sovcombank, one of Russia’s major financial institutions, sanctioned by the US, UK and EU, has applied to the US Treasury for a licence to make membership payments to a United Nations climate funding programme.