Igugu Global, a climate fintech platform, has launched the Green Finance Marketplace – a benchmarking platform that offers consistently comparable climate data for financial actorsGreen Finance Marketplace includes enterprise and professional tiers and is designed to aid portfolio managers overcome the challenges of searching and benchmarking climate risk and climate-related investment opportunities across Africa.
Starting with nine countries – that account for more than half a billion Africans and 65% of the continent’s GDP – the platform standardises more than 1000 companies across sectors, their environmental risk disclosed and their sustainable commitments, to the likes of the TCFD, verified. “The green finance market has surpassed $1.6 trillion in bond issuance, but only $5.4 billion has gone to Africa – the most vulnerable of the continents in light climate change. Regulation is scattered and inconsistent, but Igugu Global’s GFM solves this by consolidating debts and companies’ disclosures in one place.”
“In becoming the registry for how and at what price Africa comes to market; financial actors can use Igugu Global’s consensus and disclosure to monitor and circumvent opaque transitional climate policy and identify deal flow,” she said.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MobilePunch - 🏆 8. / 63 Read more »