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GreenArc secures MAS grant to pilot Green Bond Impact Measurement Solution with Franklin Templeton


SINGAPORE, October 30, 2023 / — GreenArc Capital was awarded the Financial Authority of Singapore’s Monetary Sector Know-how and Innovation (FSTI) Innovation Acceleration (IA) grant on 27 Oct 2023. The FSTI IA grant supplies funding assist for experimentation, improvement, and dissemination of nascent revolutionary applied sciences within the monetary companies sector.

In collaboration with Franklin Templeton, the undertaking goals to develop a technology-based resolution to assist quantify the affect of inexperienced bond portfolios in line with world trade requirements together with UN SDGs, with generative AI instruments offering transformative and automatic affect reporting, making it simpler for monetary establishments to handle, monitor and report their sustainability methods.

GreenArc is an affect funding and analytics fintech headquartered in Singapore. Their know-how platform, impactGINI, helps measure and report the social and environmental affect of debt investments, together with credit score, loans and bond, to improve the movement of capital in the direction of sustainable investments. With buyers demanding extra accountability, governance, and transparency from their investments, notably when it comes to sustainable investing, impactGINI leverages the usage of know-how and information and combines it with the contextual nature of sustainability to drive extra sturdy affect evaluation & reporting, serving to monetary establishments maximize the contribution of their investments in the direction of sustainable improvement.

Tariq Ahmad, Head of APAC Distribution at Franklin Templeton, mentioned:
“Sustainable funding options equivalent to inexperienced bonds will play an more and more essential function in buyers’ portfolios for the transition to a low carbon future. Technological improvements equivalent to generative AI has the transformative potential to assist buyers higher perceive, measure, and validate the affect of their sustainable investments. By means of our partnership with GreenArc, we intention to harness know-how and information to catalyze revolutionary options that assist allow a extra clear, accountable and environment friendly ecosystem for inexperienced and sustainable finance in Singapore and the APAC area.”

Rony J Palathinkal, Co-Founder and CEO at GreenArc, mentioned ‘Now that sustainable finance is changing into extra mainstream, extra conventional buyers are transferring into inexperienced and social bonds. Green bonds enable fastened earnings buyers to assist efforts to mitigate or adapt to local weather change whereas sustaining funding returns. There are numerous ideas and frameworks to align inexperienced bond investing with, nonetheless the ultimate affect of an funding stays a significant concern for many inexperienced bond buyers. We’re wanting ahead to working with trade companions to increase our affect measurement resolution to cowl the inexperienced bond market and assist convey a stage of consistency and confidence to the sector.’

Rony J Palathinkal
GreenArc Capital
+65 9060 8344
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