Stockholm Green Digital Finance and the Emerging Markets Dialogue on Finance (EMDF) launch Green Assets Wallet – a project aiming at validating green investment through Blockchain
The objective of the project is to stimulate green investments, especially in emerging markets by supporting the growth of trusted green assets in order to deliver on the finance angle of the UN Sustainable Development Goals and the Paris Climate Agreement. The Green Assets Wallet will help to effectively channel private institutional capital to green projects globally, specifically supporting green investments in emerging markets. The technology will validate green claims as well as facilitate impact reporting. Project partners include blockchain engineer ChromaWay, the climate research institute CICERO, the asset management firm Öhman, and the Swedish bank SEB. Green Assets Wallet is expected to be available in 2018.
- Project presentation at Sustainable Finance Conference, in Stockholm, Sweden – Jan 31st 2018
- Nordic Investment Bank "Green Finance for the Future” seminar, Jan 31st 2018, Sotckholm/Sweden
- Project presentation at VfU/UNEP FI Roundtable (29-30 Nov 2017, Frankfurt/Germany)
- Video interview by Cecilia Repinski, Executive Director, Stockholm Green Digital Finance at Finance Innovation Summit (8 Dec 2017, Paris)
Materials and Related Documentation
- Fact sheet (to follow)
- Press release: 8 December 2017 – Green Assets Wallet to be launched
- GAW featured in UNEP Inquiry Report “Accelerating Financial Sector Action on Sustainable Development”, page 20
Stockholm Green Digital Finance is a not-for-profit independent centre, operating in collaboration with the Stockholm Fintech Hub and tasked to demonstrate how green finance and investment can be scaled through the application of fintech innovations. The initiative was launched in May 2017 at the G20 GreenInvest meeting in Berlin. The mission of SGDF is to use fintech as a lever for delivery on the Sustainable Development Goals and Paris Agreement. To deliver on these goals by 2030, trillions of dollars of private investment will be needed. Stockholm Green Digital Finance works with constructive partnerships to practically test and demonstrate solutions to key barriers through technologies including blockchain, big data, digital currencies, artificial intelligence and smart contracts. The solutions are all open source and available to all actors and stakeholders that can benefit from the technologies in their green efforts.