Tagged: climate change

Impact Investment Platform u impact Teams Up with Climate Engagement Fintech ecolytiq

Sustainable investment solution provider u impact has joined forces with specialized green banking software provider ecolytiq in order “to introduce innovative sustainable investment products to a wider branch of private investors.” Through a combination of u impact’s interactive investment sustainability analysis and the ecolytiq Sustainability-as-a-Service… Read More

Credit Card Purchases: Canada’s Vancity to Offer a Way to Estimate CO2 Emissions that Come from Transactions

Vancity took another step recently in its commitment to climate action. It is reportedly one of the first financial institutions in Canada “to offer its members a way to estimate the CO2 emissions that come from their purchases.” Every Vancity Visa credit cardholder “can track… Read More

DTCC Identifies Climate Risk as Systemic Threat

Climate change is expected to have a “dramatic impact” on our environment over the next few decades – and quite possibly beyond, according to an update from DTCC. Since the 1980s, each decade has “been warmer than the previous one and this trend is expected… Read More

Climate X, a Climate Risk Data and Analytics Provider, Appoints Andrew Ellam as VP of Technology

Andrew Ellam, former Chief of Staff to CTO and Head of Technical Program Management at Monzo Bank, joins the senior leadership team as VP of Technology at Climate X, a multi-award-winning global climate risk data & analytics provider based in London, UK. Andrew reportedly “brings… Read More

Global Risks Report: Tensions Peak between Cost of Living Crisis, Sustainable Climate Action

For the past 17 years the World Economic Forum’s Global Risks Report has warned about “deeply interconnected” global risks. Conflict and geo-economic tensions have “triggered a series of deeply interconnected global risks,” according to the World Economic Forum’s Global Risks Report 2023. These include energy… Read More

Ethereum Climate Platform Initiative to Address ETH Network’s Former PoW Carbon Emissions

Recently, at COP27, one of the world’s largest gatherings on climate action, a group of Web3 companies convened by ConsenSys and Allinfra, joined civil society leaders and the UNFCCC Climate Innovation Hub, “to announce the creation of the Ethereum Climate Platform (ECP).” Its mission is… Read More

Sustainability: DBS, Partners to Develop Solutions to Address Greenhouse Gas Removal

With the risk of carbon dioxide and other greenhouse gas emissions pushing past dangerous warming thresholds, DBS (SGX:D05) together with seven partners and supporters, have “committed to further build on efforts to nurture and scale the climate tech ecosystem.” DBS and global partners “launched the… Read More

Swedbank to Offer Sustainable Loans to Farmers

As the financiers of two-thirds of the European economy, banks “bear an important responsibility to propose real solutions to mitigate climate change.” This partnership between Swedbank and eAgronom with regard to issuing sustainability-linked loans and leasing will have “a significant impact, as agriculture is one… Read More

Orca Introduces Web3 Climate Funding, Raises $2M+ for Education, Sustainability

Orca, a Solana-based liquidity platform, has announced the launch of the Orca Climate Fund. The fund is “reflective of its mission to combat climate change and promote sustainable practices in crypto.” The Orca Climate Fund “evolved from Orca’s Impact Fund which was born in August… Read More

Climate Startup Arbonics Secures €1.8M from Taavet Hinrikus, Plural

Arbonics, a climate tech start-up, is launching its “unique” data- and science-driven tool to make calculating the potential carbon income of land and forests quicker and easier for landowners in Europe “to help fight climate change.” Earlier this year, Arbonics raised €1.8M in a pre-seed… Read More

ING Tests Out Carbon Tracking App from Fintech Cogo

ING will be trialing a carbon footprint tracking app offered by Fintech firm Cogo with 350,000 mobile clients. The Footprint Insight feature is being made available to clients who currently use the bank’s Insight function, which groups their income and expenditure by spending category. Footprint… Read More

Coorest Receives Chainlink Grant to Develop dApp for Carbon Trading, Offsetting

With growing global concern around the climate emergency and unsustainable agricultural practices, many countries, enterprises, and startups are “collaborating to build sustainable solutions that tackle the harmful effects of climate change,” according to an update from Chainlink. At the forefront of the battle against climate… Read More

Office of Financial Research Pilots Data Hub to Help with Climate-Risk Assessments

The Office of Financial Research (OFR) announces the launch of its Climate Data and Analytics Hub pilot, which is a new tool “to help financial regulators assess risks to financial stability stemming from climate change.” This collaborative environment will “improve users’ access to public climate… Read More

MAS, Google Cloud Introduce Point Carbon Zero Program to Support Climate Fintech Solutions

The Monetary Authority of Singapore (MAS) and Google Cloud have jointly launched the Point Carbon Zero Program “to drive the innovation, incubation and scaling of climate FinTech solutions in Asia.” The Program is “a collaboration under MAS’ Project Greenprint and seeks to use climate FinTech… Read More

Ex- Bank of England Senior Advisor to Lead MetaVerse Green Exchange’s Climate Action in SE Asia

MetaVerse Green Exchange (MVGX), a digital “green” exchange licensed and regulated by the Monetary Authority of Singapore (MAS), announced the appointment of former Bank of England Senior Advisor Michael Sheren as President and Chief Strategy Officer (CSO) as the firm “strengthens its end-to-end suite of… Read More

Goodvest, which Aims to Build a Sustainable Investment Platform, Acquires €452,323 via Crowdcube

Goodvest, which is on a mission to build a “sustainable” investment platform committed to fight climate change: 100% personalized & transparent, has secured 187% (€468,760) of its €250,000 target from 379 investors through its crowdfunding campaign, carried out via Crowdcube. There are now 8 days… Read More

UK’s Investment Platform Tulipshare Partners with As You Know to Empower Retail Investors

As You Sow, a non-profit in shareholder advocacy and Tulipshare, a UK-based activist retail investment platform, recently announced a partnership “to empower retail investors globally to use their shareholder power in support of resolutions on climate, racial justice, and other pressing issues this proxy season.”… Read More

Net Zero: Telos Blockchain Claims it has Neutralized its Past and Present Carbon Footprint

Telos Blockchain (TLOS) is pleased to announce to the “billion-plus” global citizens that celebrate and embrace Earth Day that they now have a carbon-neutral smart contract option. Telos with the consulting aid of Plannet Zero, part of RedShaw Advisors Ltd, a carbon risk management and… Read More

UK’s NatWest Teams Up Edinburgh University on Climate Education Program

NatWest has announced a 3-year partnership with The University of Edinburgh Centre for Business, Climate Change and Sustainability. The £1.5 million partnership will aim to facilitate the delivery of a climate education program to 16,000 people across the NatWest Group by the end of 2024,… Read More

International Payments, Crypto-Assets, DeFi, Climate Change Now Key Priorities for Financial Stability Board

The Financial Stability Board (FSB) has released its work program for 2022. Priority areas of work and new initiatives, “including key deliverables to the G20 Indonesian Presidency,” are as follows: Supporting international cooperation and coordination on current financial stability issues. Against the backdrop of the… Read More

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