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.
Sustainable finance - page 2
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.
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.
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.
What Are Smart Ration Cards and How do you Get One?
With the advancement of technology, food distribution among the poorest of the poor has become “smarter” with smart ration cards. What those are and how to use them in different regions of India – here is a handy guide for all those concerned.
The Future of Sustainable Finance: A Glimpse into ESG Investments
Introduction In the dynamic world of finance, a transformative approach is steadily gaining traction – the integration of Environmental, Social, and Governance (ESG) factors into investment strategies. This approach is not just a trend but a reflection of a deeper understanding of how these factors can influence a company’s financial performance and societal impact. Let’s […]
Kenyan President Showcases Africa as Climate Financing Opportunity
Kenyan President William Ruto opened the first climate summit in Africa, drawing hundreds of millions of dollars in climate financing pledges
Where Fintech and Sustainable Fashion Collide: How Financial Technology Can Help You Tame Your Consumerism
Fashion is the opposite of sustainability. Trends come and go every season, asking for a total wardrobe revamp. Most fashionistas are also shopaholics, driving the surge in both clothing sales and resources used for its production. These stereotypes have formed over many decades, but it’s time for them to become relics. New generations are calling […]
How AI Can Facilitate Sustainable Investing
In the age when threats of climate change and global warming are pressing, every government and business must know about AI potential for promoting sustainable investing
Customer Demand for Sustainability Banking Tools Far Exceeds Supply: Research
Almost 40% of UK citizens would like their financial institution to offer banking tools to track their sustainability impact
MUFG Bank Establishes Climate Tech Growth Fund with Mitsubishi and Pavilion Private Equity
Japanese MUFG Bank established the Marunouchi Climate Tech Growth Fund to fuel the development of advanced technologies and solutions necessary for the realization of a carbon-neutral society
ADB Accelerates Climate Change Financing
The Asian Development Bank (ADB) launched the Innovative Finance Facility for Climate in Asia and the Pacific program to enhance support for the region in the battle against climate change
Top Solar Fintechs
Transitioning to renewable energy sources wouldn’t be easy if not for fintech. Financial technologies facilitate using the power of sun and wind instead of fossil fuels in many ways.
ETAP Launches Socially Responsible Car Insurance in Africa
An insurtech ETAP has introduced a digital car insurance service that redistributes funds to policyholders and supports social good in local communities of Africa
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