When it comes to greening up the Swiss financial sector, fintech can also play a role. But start-ups need cash. So it’s been suggested that the government part-finance a proposed fund to boost innovation and encourage pension funds and venture capitalists to invest in more green technology. The Swiss “Greentech” sector is still in its infancy. Companies such as Carbon Delta, RepRisk, covalence and Impaakt employ machine learning and artificial intelligence to provide companies with better data on which to base their investment decisions. The sustainable robo-advisor Yova, 3rd Eyes, Greenmatch, Blueyellow and Pexapark and other notable examples of Swiss fintechs in this field. The Green Fintech Network, a group of financial associations, companies, venture capitalists and academics, was set up last year under the auspices of the State Secretariat for International Finance (SIF). Its task is to further the advancement of financial start-ups that focus on environmental, social and...
