The GAW project engages the Mexican Bankers Association and other financial actors to promote fintech solutions for sustainable development.
Having only just begun our second phase, the Green Assets Wallet (GAW) has already received very positive feedback from key market players across the world, one of them being the Mexican Banking Association (ABM). Last month, our GAW partner CICERO were in Mexico City with a Swedish Delegation to learn more and present on green finance market trends.
In a workshop to ten members of the ABM, including the Mexican SME development bank, HSBC and Citi, Sophie Dejonckheere from CICERO discussed challenges and solutions to finance sustainable development. The green bond market, for example, has demonstrated huge success but it is still far from reaching its full potential. This is where the GAW technology comes in!
Being on an immutable blockchain, GAW injects efficiency and transparency to the green bond market and therefore brings more credible and high-impact investment opportunities to investors. In turn, issuers are able to showcase their investment offerings to global investors and demonstrate transparency through validation and impact reporting.
Several members of the ABM expressed their interest in participating in the GAW project’s second phase. We will be engaging issuers globally in the coming months and are very excited about collaborating with the Mexican market.