AWARDS REVIEW
SUSTAINABLE FINTECH AWARD
READ ABOUT THIS AWARD
SHORTLISTED COMPANIES
• auxmoney
• Ethic
• Manaos
• TRACE blockchain by IFAD
• Wells Fargo
HIGHLY COMMENDED
• auxmoney
• Ethic
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THE WINNER : EMIRATES NBD
The International Fund for Agricultural Development ( IFAD ) has developed TRACE , a blockchain-based solution that integrates Environmental , Social , and Governance ( ESG ) factors to promote sustainable finance in developing regions .
TRACE operates across seven countries , providing real-time tracking and reporting of funds , enabling IFAD to support projects that focus on climate adaptation , women ’ s empowerment and sustainable farming .
With over USD $ 23 billion invested to date and an active portfolio of 250 projects , IFAD ’ s TRACE platform ensures that 45 cents of every dollar goes towards climate resilience and that 50 % of every project benefits women , enhancing the impact of financial interventions . fintechmagazine . com 89