Finally, a way to choose Green Tech
- Noyonika Bagchi
- Jul 3, 2021
- 1 min read
The European Bank for Reconstruction and Development’s (EBRD) Green Technology Selector is a digital platform that connects vendors of the best green technologies with businesses.
The platform makes over 30,000 green technologies and materials available to businesses and consumers which help in improving quality of services offered while maintaining a steady decrease in GHG emissions. The EBRD has created a Minimum Performance Criteria (MPC) which are defined per technology category, per country. A performance improvement of least 20% beyond a baseline of typical replacement technologies that reflects local market developments including technology costs and market maturity, thereby only promoting the higher performing segment of technologies available on local markets.
Sustainability has been proven time and again to be the need of the hour and global firms that are committed to operating in an environmentally just manner need trade finance deals that help the planet by using sustainable green technologies.
With an aim to increase green financing to more than 50 per cent of its annual business volume by 2025, the EBRD is looking to bring these sustainable deals and make them freely available and approachable in the markets where they are established. The bank also aims to reach net annual greenhouse gas emissions reductions of at least 25 million tons over the nest five years.
Read more at
https://techselector.com/ts-en/gtc-info-page
https://www.jpmorgan.com/solutions/treasury-payments/case-studies/helping-global-trade-clients-secure-sustainable-trade-financing?source=wp_os_tw_v2sustainablefinance0521
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