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FinTech Startups Adopting Responsible Finance & ESG Integration in MENAT: Lessons from the GVI Hub’s 5th Cohort
The RFI Foundation has successfully concluded our 5th GVI Hub Responsible Finance FinTech Program (RFTP) for the MENAT region. During the program, FinTech participants engaged in collaborative sessions to share their insights and experiences in integrating responsible finance and sustainability in their operations.
New Guidance On Nature Targets Will Increase Finance For The ‘Blue Economy’
New guidance from the Science Based Targets Network provides companies with a framework for assessing their impact on nature and helps them set nature-related targets
Nature risk impacts half of all global economic activity, and the blue economy where the RFI Foundation’s Blue Finance Challenge is focused, has been particularly challenging for financial institutions
As financial institutions increase their focus on nature risk – including risks related to the ‘blue economy’ – they will rely on technology to provide tools to measure, manage and disclose risks as well as to improve their ability to offer innovative solutions like ‘blue finance’
Nature-Related Disclosures Will Widen Data Gaps In The Financial Sector That Technology Will Be Critical In Filling
The Task Force on Nature-related Financial Disclosures is taking final feedback ahead of a September 2023 release
Financial institutions already challenged by climate-related risks & disclosures will face an added burden to incorporate nature risks
Technology will play an important role in understanding, measuring and disclosing nature risks, a key rationale for the RFI’s Blue Finance Challenge