According to Net Zero Tracker, more than 100 countries pledged to get to net-zero emissions in the next 30 years. Shifting to a green economy could yield a direct economic gain of 26 trillion dollars by 2030 compared with business as usual. However, the annual investment gap to finance the Sustainable Development Goals (SDGs)—currently estimated at 2.5 trillion dollars in developing countries alone—is likely to grow.

Emerging technologies such as cloud computing, blockchain, and artificial intelligence (AI) will help address some of these key challenges, such as data access, data processing, data integrity, and data-based climate-smart decision making to help achieve climate goals.

The public sector has also used emerging technologies to create innovative climate financial instruments, such as blockchain-based green bonds, central bank digital currencies (CBDCs), and carbon pricing mechanisms. In this webinar, learn how these solutions can be adopted by governments and central banks in scaling up their green finance initiatives.