As part of Finextra’s fifth Sustainable Finance Live conference, a concurrent Hackathon is taking place. The collaborative event will take place from the 29th of November to the 2nd of December and teams will have access to workshops, panels and the necessary technology to develop projects in real-time.
The event has three specific goals: better data veracity, forward-looking risk, and impact-oriented financial instruments. Ultimately these goals aim for participants to create new sustainability-influenced ways of evaluating risk and allocating capital.
Under the current shadow of COP27, the impetus to create spaces for innovation in ESG technology is greater than ever. A recently published IPCC report estimates that across the next decade climate change will drive 32 — 132 million more people into extreme poverty, create food insecurity, and cause increasingly extreme weather events.
Finextra spoke with Ambar Vitelli, strategic partnerships at NayaOne, a partner of the Hackathon, on their involvement.
Participants have access to a DIY sandbox to build their prototypes, which provides participants access to over 500 APIs, more than 100 Datasets, a data science experimentation environment and collaboration and communication features to enhance team coordination for efficiency and effectiveness.
It is incredibly important to equip our developer communities with the tools they require, including datasets, APIs, and a developer environment to ensure we are fostering collaboration and partnership to facilitate build and development toward a greener future.