ESG-Focused FinTechs Will Be Key To Global Net-Zero Transformation
Asian Banking & Finance|Issue 110
Financial technology (fintech) companies play a key role in achieving the US$275t capital spending needed to achieve net zero by 2050, or US$9.2t needed per year between 2026 to 2050.
ESG-Focused FinTechs Will Be Key To Global Net-Zero Transformation

FINTECH

This is according to a study jointly launched by the Monetary Authority of Singapore, MAS-established non-profit organisation Elevandi, and management consulting firm McKinsey & Company.

The yearly amount needed is equal to half of annual global corporate profits. All these need to be directed towards sustainable transformation in order for the net zero transition to succeed, the study found.

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Diese Geschichte stammt aus der Issue 110-Ausgabe von Asian Banking & Finance.

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