Digital finance catalyst for greener global economy

Political and business leaders gathered together at the World Economic Forum in Davos, Switzerland, this week to discuss the most pressing issues facing our planet and seek constructive and innovative solutions to them.

Digital finance is already the lifeblood of our global financial system. But it also gives us a platform to do so much more. We believe digital finance could also support life-saving efforts to address today's environmental challenges, helping to deliver green investments and encourage environmentally friendly lifestyles.

At stake are the world's ecosystems on which we depend, and the need and opportunity to create an inclusive green economy that provides decent jobs for all. Financing sustainable development will require tens of trillions of dollars over the coming decade, mainly private capital that has to be directed to sustainable infrastructure, such as clean energy, resilient agriculture and low carbon cities.