Stockholm pushes green finance initiative

The symposium, a critical part of the German G20 Presidency’s drive to leverage emerging digital and financial technology to advance green finance, will see many new ventures launched with the Stockholm Green Finance Initiative being one of the trailblazers. A bold new venture to encourage green digital finance initiatives has been launched at the G20 Green Invest symposium currently taking place in Berlin -Stockholm Green Digital Finance.

Meeting the UN’s ambitious Sustainable Development Goals by the 2030 deadline requires trillions of dollars of private investment. Sustainable economies require solutions that will reduce greenhouse gas emissions, improve energy efficiency, fight climate change and reduce pollution. These present potential investment opportunities to investors. Yet, actual capital redeployment to deliver solutions to these urgent challenges remains limited.

The inherent risk and lack of transparency of the capital market structure presents barriers in mobilising private investment at scale. Green digital finance is uniquely positioned to address specific barriers to deliver on the UN SDGs and provide sustained and sustainable growth.

Read the full story at finextra.com.

Victoria Krisman is Interactive Media Specialist for the Intelligent Community Forum.
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