Thu, Nov 21 2024
The focus of the most recent G20 TechSprint hackathon competition is sustainable finance, thanks to the efforts of the Bank for International Settlements (BIS) and Banco Central do Brasil.
This year's fifth G20 TechSprint will concentrate on three issue statements related to green finance in order to promote inclusivity and the sustainable development goals (SDGs):
-Nature-based solutions: technological advancements that encourage and draw long-term, equitable investments in biodiversity and environmental preservation
-ESG: innovative technologies to enhance the granularity, dependability, and quality of ESG data for investors, financial institutions, large corporations, and regulators and supervisors.
-SDGs: open source solutions to assist capital allocation and financial decisions in line with the goals of the Sustainable Development Goals (SDGs), which include decreasing poverty, protecting biodiversity, combating climate change, and promoting renewable energy.
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