Opportunities for fintech to scale up finance for clean energy

Digitalisation offers great potential to facilitate the implementation of greater energy efficiency and renewable electricity technologies as increased automation and better data analytics lead to reduced energy consumption and materials use, facilitate smart demand response, the integration of variable renewables and distributed energy resources.

Digital technologies also create new opportunities for innovative financing options to emerge. This webinar explored how these technologies are starting to support the development of new financing vehicles for renewables and on their potential applicability to finance energy efficiency projects as well.

Experts explained how block chain technology can revolutionise the green bond market, how sensors and digital platforms are making it cheaper and easier to finance smaller scale energy efficiency and renewable energy projects, and how countries are applying these technologies to attract and raise capital from new investors.

This webinar covered the following topics:

• The role of digitalisation in transforming green finance
• State of digitalisation of green bonds and its potential to unlock finance for energy efficiency
• Digital technologies and their use for renewables and energy efficiency finance
• Lessons learnt from Indonesia’s experience developing its digital green finance platform

Marianne Haahr, Green Digital Finance Alliance

Marianne is Director of the Green Digital Finance Alliance with the objective to harness fintech to unlock financing for SDGs and the Paris Agreement. It was founded as a public-private partnership between UNEP and Ant Financial Services Group. Marianne has been advisor to the Danish Ministry for Foreign Affairs and was Executive Leader at Sustainia – a tech and sustainable think tank.

Dwi Irianti Hadiningdyah, Ministry of Finance, the Republic of Indonesia

Dwi Irianti is currently the Director of Islamic Financing at the Directorate General of Budget Financing and Risk Management. Experienced in the field of Indonesia’s capital market regulation and law, she has been involved in the development of Sukuk Negara from the beginning and active in issuances in both the domestic and international markets. Dwi Irianti is also the President Director of Sukuk Negara Issuing Company (SPV), responsible for issuing the Republic of Indonesia (ROI) Global Sukuk and ROI Green Sukuk.

Jacob Ninan, Kottackal Business Solutions

Jacob is the co-founder of Kottackal Business Solutions Private Ltd., a design firm using technology to address SDG goals. In the renewable energy space, the firm has worked on blockchain projects around project matching and discovery for Green Projects, Green Bonds and Green Energy tokenisation. This pioneering work includes combining blockchain and IoT devices while integrating to the electric grid.

 Cecilia Tam, OECD

Cecilia leads the OECD Clean Energy Finance and Investment Mobilisation Programme. This new programme works with emerging economies to help strengthen their enabling frameworks to facilitate more private sector finance and investment in energy efficiency and renewable energy. Previously, she held a number of leadership roles at the IEA and at the Asia Pacific Energy Research Centre.