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Fintech will drive the future of sustainable investment

Huge sums of money are needed for sustainable green investments in the coming decades, with the private sector carrying much of the load. Fintech advances like blockchain, big data and AI can help power the market.

Our world is facing monumental shifts. To achieve global climate goals, substantial investments are necessary. According to the International Energy Agency (IEA), annual investments in clean energy must surge to approximately $4.5 trillion by 2030 to reach the net-zero emissions target by 2050.

This colossal financial undertaking presents an unprecedented opportunity for sustainable financing initiatives. The IEA forecasts that two-thirds of the investments will have to be financed by the private sector, with governments funding the other third. In this dynamic environment, digitalization has emerged as a pivotal force shaping the future of sustainable finance. The rapid advancement of technology has transformed the integration of digital solutions in financial services from a mere option to an absolute necessity.

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Author

  • Reto Ringger is the founder and CEO of Globalance Bank, a Swiss private bank focused on future-oriented sustainable investments. He previously founded the SAM Group, among the world’s first asset management groups focused on sustainable solutions, which he sold to the Robeco Group in 2008.

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