Green finance has seen a remarkable growth over the past years, but a large financing gap remains. Alone, the achievement of the UN SDG faces an annual $2.5 trillion gap. The cost (e.g., assessment, auditability, reporting, and platforms) of sustainable use of funds remains a massive challenge.
Goals and Objectives
Close the sustainable financing gap.
Reduce operating costs.
Improve auditability and trackability.
Increase revenues from sustainable products.
Automate and standardize the financing process.
RPA/intelligent automation, data analytics (e.g., auditability and CDD), data consumption (e.g., API), distributed ledger technology, ESG scoring, client reporting, and mobile
Use Case Summary
Green finance products either directly fund sustainable projects or companies. Green credit cards automatically invest a nominal amount in green initiatives each time the client makes a payment with the card. In addition, rewards can be donated or fund sustainability initiatives.