To go the farthest, you need to stand the tallest: the Green Assets Wallet demoed in Shanghai Tower
The UN-led Financial Centers 4 Sustainability (FC4S) network convened members in Shanghai for its second official network meeting, gathering members from Toronto to Hong Kong. Stockholm Green Digital Finance, being a founding member to the FC4S Network, organized a demonstration and panel discussion at the FC4S public event in Shanghai’s tallest building, Shanghai Tower. The choice of venue corresponding well to the Chinese saying “to go the farthest, you need to stand the tallest” and the tall ambition of the Green Assets Wallet to accelerate green finance.
The Green Assets Wallet session was moderated by Lan Qi, GIZ China, and participants could hear from all user sides of the upcoming technology. Erika Wranegård at Öhman demonstrated the technology talking about the benefits for investors to access transparent and reliable impact reporting in one place.
Chairil Nazri Ahmad from UiTM shared their experience issuing a green bond stating that “if the GAW would only take away 10% of the time required for a green bond issuance, that would be a significant time saver” adding that the GAW also presents the opportunity to access global investors directly. He Chang from the GAW’s latest project partner CECEP Hundred spoke about the green finance market in China and how the Green Assets Wallet fit well with their ambitions.
The event was a pre-launch and demonstration of the Green Assets Wallet in the Chinese market. The Chinese market is important to the work of the Green Assets Wallet due to the country’s leadership in green finance. The Green Assets Wallet will be demoed again in an upcoming event on November 2nd in Beijing. The first version of the technology will be launched and go public on November 27th at Climate Finance Day in Paris.