Stockholm Fintech Hub supports Sweden and UNEP for sustainable finance

Stockholm Fintech Hub is supporting Sweden and the United Nations Environment Programme in order to pilot the vision of UN’s 2030 for sustainable finance.

According to the post by Matthew Argent, Founder, and CEO, the Stockholm Fintech Hub aims to be a part of the solution that is making use of the fintech to open new opportunities for sustainable finance and new models for environmental initiatives.

The project identifies priority target to build over the next few months. The time and place are right to build this pilot in Sweden as it has been identified as a country with resources for setting up trials to meet United Nations Environment Programme (UNEP) target. UNEP requires a supportive environment in order to try their recommendations that are aligned with Sweden’s values.

“Alongside the fintechs, the Hub ecosystem includes incumbent banks, academic and legal communities, working together to build future finance. It’s a perfect environment to launch these recommendations,” Matthew Argent, stated.

The recently opened Stockholm Fintech Hub sitting above Stockholm’s Central Station is the home to nearly 200 fintech startups, some of which are ethical trading platforms and funds encouraging sustainable investment with transparent, green portfolios.

One of the Nordic Startup ‘hiveonline’ is partnering with the Hub and UNEP to build technical solutions for many of the more ambitious proposals.

Supported by fintech, the UNEP recommendations will create community empowerment and education models that might be distributed physically.

“Sweden is a world leader in these type of initiatives so it’s a great place to support UNEP in achieving its goals, and we’re super excited to have the opportunity to work on such a transformational project,” Sofie Blakstad, CEO of hiveonline, said.