On 16 January, the full project consortium in the Green Asset Wallet innovation project convened in Stockholm to kick off project activities.
The consortium convenes a unique mixture of green finance specialists and pioneers, technology entrepreneurs and researchers for the co-creation of an entirely new blockchain based technology aimed at supporting the green debt market.
Stockholm Green Digital Finance, blockchain engineer ChromaWay, CICERO, the Emerging Markets Dialogue on Finance of GIZ, and Geographic Information Bureau are constructing the technology around three elements: Validation, Impact and Trust.
Swedish Bank SEB (the green bond pioneer), Öhman and Mistra (leaders in responsible investment) and Vasakronan (the first issuer of a corporate green bond) are actively engaged offering input, pilots and testing.
The team is soon to be complemented by Emerging Market actors issuing and investing in green debt.
The Green Asset Wallet aims at scaling green investments by delivering efficiency and trust to the green debt market and effectively bridge investors with green investment opportunities. The innovation project is financed by the Emerging Markets Dialogue on Finance (EMDF) of the German GIZ GmbH. More information about the Green Asset Wallet here.