Stockholm Green Digital Finance and ChromaWay launch the collaboration at the Fintech Community at La Bourse on December 8, in conjunction with Climate Finance Day and One Planet Summit in Paris, France.
The project, Green Assets Wallet: Scaling Green Investment through Blockchain, is a blockchain-based technology for cost efficient and immutable verification of green impacts. The technology is funded by the Emerging Markets Dialogue on Finance (EMDF), part of a project of GIZ GmbH, by Germany’s Federal Ministry for Economic Cooperation and Development (BMZ).
Project partners include blockchain engineering startup ChromaWay, research institute CICERO, geographic data provider GIB, and capital market actors – including asset management firm Öhman, Swedish bank SEB, Mistra, Vasakronan and emerging market banks.
Green Assets Wallet will help to effectively channel private institutional capital to green projects globally, specifically supporting green emerging markets investments. Read the press release here.