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Geidea and Fils forge carbon emissions alliance

Geidea, recognized as one of the 25 top Fintech companies by Forbes Middle East, renowned for its innovative solutions and substantial market impact proudly announces its strategic partnership with Fils, a revolutionary force in simplified climate action, empowering businesses of all sizes to embed climate positivity into transactions using their API.

/sustainable

BBVA hosts Cleantech for Iberia coalition

BBVA's headquarters in Madrid hosted the launch event for the Cleantech for Iberia coalition, an initiative that aims to become a benchmark and reinforce the Iberian Peninsula's position as a leader in the 'cleantech’ sector.

/sustainable

Ajman bank to deploy Mastercard’s Carbon Calculator

Ajman Bank has initiated a collaboration with Mastercard aimed at leveraging the technology giant’s innovative solutions to drive sustainability.

/sustainable

Lloyds to measure carbon impact of IT stack with Dynatrace

Dynatrace (NYSE: DT), the leader in unified observability and security, today announced that it is working with Lloyds Banking Group, one of the UK’s largest financial services providers, to measure the environmental carbon impact of its IT ecosystem, contributing to the organization’s sustainability goals.

/sustainable

ECB steps up climate work with focus on green transition, climate and nature-related risks

The European Central Bank (ECB) has decided to expand its work on climate change, identifying three focus areas that will guide its activities in 2024 and 2025:

/sustainable

Thunes pledges to plant one tree for every 5,000 transactions processed

Global cross-border payments company, Thunes, has today expanded an ambitious tree-planting initiative with its partner, Handprint, an Impact-as-a-Service company.

/sustainable

CarbonPool closes $12m to underwrite the carbon credit markets

CarbonPool, set to be the world’s first insurance company with a carbon credit balance sheet, has closed a CHF 10.5 million ($12 million) funding round.

/sustainable

FSB sets out 2024 work programme

The FSB will monitor vulnerabilities and support global cooperation in a rapidly changing environment, including through its work programme for enhancing the resilience of non-bank financial intermediation (NBFI).

/sustainable

SIX ships new climate data offering

Today, SIX, the global financial information provider, is announcing the launch of its new climate data offering to support the reporting and monitoring of climate factors, as well as climate-related investment and risk decision making.

/sustainable

BIS Innovation Hub discloses first six projects for 2024 work programme

The Bank for International Settlements (BIS) today announced the first batch of six new projects in its 2024 Innovation Hub work programme, including experimentations on cyber security, fighting financial crime, central bank digital currencies (CBDCs) and green finance.

/sustainable

Mashreq sings MoU with Fils for carbon offsetting platform

Mashreq, one of the leading financial institutions in the MENA region, has signed a Memorandum of Understanding (MoU) with the UAE-based fintech firm, Fils, to develop a corporate carbon offsetting offering that helps corporate and institutional clients to integrate carbon offsetting directly from their Mashreq corporate accounts.

/sustainable

POS home retrofitting solution gets almost £1.8m grant

A new project to develop an innovative point-of-sale finance technology solution for residential retrofit decarbonisation has been awarded almost £1.8m in government funding for its 14-month Pilot Phase. This follows an extensive six-month Discovery Phase that ended in October 2023.

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