Enhancing Digital Sustainable Finance: Digital Solutions to Mobilise Capital, Assess Environmental Risks and Enhance Financial Inclusion

Abstract

Abstract Emerging digital financial technology has already had a significant impact on financial development and holds significant potential to advance the sustainable finance agenda. Various challenges limit the assessment of environmental risks, as well as the mobilisation of sustainable finance. Digital technology (including artificial intelligence, distributed ledger technologies, cloud computing, the Internet of Things and big data) can help address the risk identification and mobilisation challenges and can at the same time help promote financial inclusion and energy justice. This chapter highlights the potential of digital solutions and presents six proposals to enhance digital technologies to mobilise capital, assess environmental risks and enhance financial inclusion.