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Spotlight MEA: Green Banks have a Key Role in African Low-Carbon Development

The African Development Bank and the Climate Investment Funds (CIF) have joined forces to produce a study of the role of green banks and national climate change funds in mobilising finance to support low-carbon, climate-resilient development in Africa. The study is expected to underpin the development of a multi-country climate finance initiative in Africa. For countries to better access and mobilise private investment, the climate...

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Tandem Bank Aspires to Be First Green Digital Bank With Green Instant Access Savings Account

Tandem Bank has launched its new Green Instant Access Saver, knowing how most UK customers would opt for green options when it comes to their money. In a recent survey carried out by the bank, almost two-thirds of consumers said they would switch banks if they were more environmentally friendly – but over half admitted they simply don’t know where to start or go. Tandem’s newly launched website and app reflect its commitment to...

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UPA Launches Worlds First Tradable Carbon Token

The Universal Protocol Alliance (UPA), a coalition of leading blockchain companies including Bittrex Global, Ledger, CertiK, Infinigold and Uphold, have launched Universal Carbon [UPCO2], the world’s first tradable carbon token on a public blockchain that can be bought and held as an investment, or burnt to offset an individual’s carbon footprint. With demand for carbon credits outstripping supply by a factor of 4 to 1 in 2020,...