Report 1

CelsiusPro contributes at the green fintech initiative from the Swiss State Secretariat for International Finance

 

A rapid expansion of the green fintech sector is underway at various hubs across the globe. Switzerland, renowned for its financial centre and innovation, is one of its champions.

 

The combination of digital technology and sustainable finance leads to global opportunities for Switzerland. As a leader in innovation and financial services, it is ideally positioned to seize these opportunities. In its recent financial market policy, the Swiss Federal Council reiterated its commitment to position the Swiss financial centre as a global leader in exploiting the potential of digital technology in the area of sustainable finance

The Green Fintech Network, an informal group of experts from the green digital finance ecosystem, contributes to this ambition. It’s goal is to identify areas to improve the framework conditions for green digital finance in Switzerland, to suggest concrete actions and to assist in implementing selected actions.

The action plan first shows the opportunities of a green fintech hub for Switzerland based on a vision and then describes the potential of green fintech applications in the field of sustainable finance. The network identified various areas in which measures could improve the framework conditions: First, green fintechs should have better access to sustainability data. Second, the establishment of green fintechs in Switzerland is to be promoted. Third, it is proposed to simplify access to potential customers. Fourth, the supply of risk capital in Switzerland is to be improved. Last but not least, the interaction between the various actors could be improved.

The actions proposed in this action plan are meant as a source of ideas, some for the Swiss government to consider, others for institutions with an ambition to become leaders in green digital finance in their field.

 

Download the Action plan here.

Read more on the website of finance.swiss. 

Report 2

News From Aon

Clients’ Quest for Cashflow Causing Demand Surge in Parametric Products, According to Aon

  Claims speed and data & analytics capabilities helping to drive parametric transactions   LONDON, Dec. 14, 2020 – Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announces the extension of its long-term collaboration with parametric technology expert CelsiusPro, as client demand for parametric products continues to grow rapidly. Link to full article.

Report 3

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Luxembourg, 10 December 2020  – The IIF report presents the results of the Fund’s first six years of operation. To date, the Fund has helped to protect 25 million poor and climate vulnerable people from the effects of climate change.

Since 2015, the InsuResilience Investment Fund (IIF) has worked to build the climate resilience of poor and climate-vulnerable households as well as micro, small and medium enterprises, by increasing climate insurance coverage. It has today launched a new report “Protecting low-income communities through climate insurance”, which takes stock of its experience and achievements over its first six years of operation. As the first fund of its kind to raise private capital to invest in climate insurance markets in developing countries, the fund shares in this report valuable lessons for impact investors, insurers, policy makers and other relevant entities involved in building resilience using insurance and disaster risk finance. Link to full article.

Report 4

Press Release
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Link to full Article

Report 5

Press Release
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Link to full Article

Report 6

Press Release
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BlueOrchard, partnering with CelsiusPro, is proud to announce its appointment as Fund Manager of the Climate Insurance Fund (CIF) after a rigorous international tender process. The mandate marks yet another innovation milestone for the impact investing pioneer. The Climate Insurance Fund is an unprecedented thematic fund designed to reduce the vulnerability of micro, small and medium enterprises as well as low-income households to weather-related threats.
Link to full Article