Tagged: green finance

Standard Chartered, Ant Group to Support Global Sustainable Development

Standard Chartered (LON: STAN) and Ant Group entered into an agreement to deepen their partnership in driving green and inclusive finance, global fund management and sustainable development. Both parties will jointly contribute “to tackling global issues such as climate change and ocean protection.” Dr. José… Read More

Bitcoin, Crypto Mining: Sygnum’s Hashrate backed Loan Accelerates Green Digital Currency Mining

Sygnum and SATO Technologies are renewing this innovative green financing solution to grow the global ecosystem of carbon-neutral crypto miners. Sygnum provides cash loans “to green crypto miners who pledge a pre-defined portion of their computational mining power, then sells the mined coins to repay… Read More

UK’s Tandem Bank Acquires £20M After Finalizing Capital Raise

Tandem, which claims to be the UK’s greener digital bank, has secured £20 million in Tier 2 capital from Quilam Capital – a growth investor with expertise in the speciality finance sector. The investment by Quilam further “re-enforces the growth trajectory of Tandem as the… Read More

UOB Offers Sustainability Tool to Help Firms Overcome Barriers in their Green Journey

UOB (SGX: U11) recently announced the launch of the UOB Sustainability Compass at the Gateway to ASEAN Conference. The Sustainability Compass is a tool that “provides a step-by-step guide for small and medium-sized enterprises (SMEs) to overcome their inertia and kickstart their sustainability journeys.” As… Read More

Malaysia’s Maybank Introduces Sustainable Product Framework to Support Green Finance

Maybank has designed its own Sustainable Product Framework (SPF) – the “first” by a Malaysian bank – “to enable greater development of green, social and sustainable products.” The framework, which will support the Group’s commitment of ‘Mobilizing RM50 billion in Sustainable Finance by 2025’, will… Read More

UOB Pilots Green, Sustainable Deposits Solutions

UOB (SGX: U11) recently launched a Green and Sustainable Deposits solution for its corporate and institutional clients, which is reportedly “the first such product in Singapore offered by a local bank.” The solution was “piloted with GIC.” Under this solution, the deposits are “deployed to… Read More

BIS Innovation Hub Announces New Projects, Expands Cybersecurity, Green Finance Experiments

The Bank for International Settlements (BIS) Innovation Hub is announcing a new set of projects across its various centers, “updating its 2022 work program.” They include the first three projects of the upcoming Eurosystem Centre and the first in-depth explorations in cybersecurity. The Eurosystem Centre… Read More

Over 66% of Consumers Want their Financial Institution to Become More Sustainable: Report

The “Is the grass greener on the sustainable side?” report surveyed more than 6,000 consumers on their attitudes “to green finance globally.” As noted in an update from Mambu, the report reveals that, while the majority are in favor of greener financial options, consumers “have… Read More

MAS Managing Director Menon to Lead 105-Member Network for Greening the Financial System

The Network for Greening the Financial System (NGFS) this week announced the appointment of the Monetary Authority of Singapore’s (MAS) managing director Ravi Menon as their new chair. He will serve for a two-year term. Formed at the Paris One Planet Summit in December 2017 by… Read More

Monetary Authority of Singapore Announces Finalists for Global Fintech Hackcelerator

The Monetary Authority of Singapore (MAS) has announceed the finalists for the Global Fintech Hackcelerator and the Singapore Fintech Festival (SFF) Global Fintech Awards. These Awards are among “the key highlights of SFF 2021, which will take place from 8 to 12 November 2021,” according to… Read More

UK’s Accelar Establishes Impact Hub to Promote Nature-Positive Project Investment

Accelar has introduced a Nature Finance Impact Hub, which aims to boost market confidence in nature-positive initiatives, by isolating their key financial and environmental benefits. A strategy and sustainability consultancy, Accelar’s main business and goal is to assist with promoting the clean growth transition by… Read More

Global Fintech Hackcelerator, the 6th Edition, Launched by Monetary Authority of Singapore

The Monetary Authority of Singapore (MAS), the central bank and financial regulatory authority of Singapore revealed on May 6, 2021 that it has introduced the sixth edition of the Global Fintech Hackcelerator, with the theme “Harnessing Technology to Power Green Finance.” As mentioned in the… Read More

Tandem Bank Sees Opportunity in Green Finance Following Acquisition of Green Lending Firm Allium

This past summer, Tandem Bank acquired Allium Lending Group, a green finance platform. The targeted lending platform may boost Tandem’s business in the growing interest of ESG finance. In a note distributed by Tandem, the challenger bank says that more than half the UK population… Read More

China: WeiyangX Fintech Review

The People’s Bank of China Releases China’s Green Finance Development Report (2018) In order to introduce China’s achievements and experience in green finance, the People’s Bank of China (PBC) has worked with relevant authorities and organizations to compile the annual China’s Green Finance Development Report… Read More