Enabling Positive Change Through Innovation and Collaboration
- Geospatial data and the role of AI
- De-risking the energy transition
- Impact oriented Financial instruments
- Enabling a just transition
In person at events @ No6, Aldgate, London and Online
Oct 2nd – Oct 13th 2023
Why Attend?
Focus areas
Resources
Outcome
Who Will Attend?
- Heads of Sustainable and Impact
- Investing Heads of Sustainable Infrastructure
- City planners and leaders
- Risk Managers
- Sustainable Private Equity managers
- Heads of Innovation & Standards, Sustainable Investing
- Heads of Digital Product Innovation
- Policymakers and Regulators
- Green Impact Advisory
- Heads of ESG Research
- Technologists
- Consultants
- Academics
- NGO’s
- Entrepreneurs
Hackathon for Sustainable Finance at the Finextra Conference 2023
Our purpose is clarity. MVP designs, customer journeys, platform ideas, tokenisation, whatever we can share with colleagues across the Industry to move the market.
Our audacious goal will be to take the best ideas forward through incubation and investment to help develop the creation of an operational poster child for the Industry to follow.
Hackathon Themes
Geospatial data and the role of AI
Problem statement.
Due to the technical difficulty in providing ‘true’ ecosystem and biodiversity impact without ‘in-situ’ (ground-collected) data, current first-generation geospatial ‘biodiversity’ tools and platforms have effectively evaded the challenge by providing alternative proxy insights – insights which do not actually define the immediate and cascading impacts of a given asset on the surrounding ecosystem
condition and the health and trends of the immediate and wider biodiversity over time.
The challenge now, considering the likely 3–5-year time lag in collecting and aggregating in-situ data at a global scale for ESG applications, is to find robust methods with ex-situ data alone.
Considering the global scale of the application, this essentially leaves one existing data option: satellite remote sensing data.
Idea starter.
Financing Natural Capital and De-Carbonisation.
Can Geospatial data help resolve the information gap and improve the quality and veracity of data.
What is the role of AI in delivering insight from the huge volume and scale of data and making it decision ready in the FSI world.
De-risking the energy transition
Problem statement.
Derisking the energy transition to sustainable energy sources is crucial for protecting investors’ money.
The De-risking Renewable Energy Investment (DREI) introduces an innovative, quantitative framework to assist policymakers in developing countries to cost-effectively promote and scale-up private sector investment in renewable energy.
Policies must establish transparency and predictability, which provides confidence for investors in their ability to recover investments in power generation.
Impact oriented Financial instruments
Problem statement.
Bonds can be an effective way to finance the transformation of existing cities into more sustainable ones. Municipal bonds are used to fund environmentally conscious and sustainable projects that deliver services to residents of states, counties, cities, and towns across the nation.
Sustainability-linked bonds are structurally linked to the issuer’s achievement of climate or broader sustainability goals.
These bonds can offer a range of potential benefits including mitigating physical, transition, and long-term sustainability risks while seizing potential opportunities.
Enabling a just transition
Problem statement.
As cities change and funds are raised to improve the living environment of its inhabitants, it is important to consider the potential winners and losers of these changes. While some groups may benefit from new developments and infrastructure, others may be displaced or negatively impacted.
Mitigations such as community engagement and impact assessments can help ensure that the needs and concerns of all stakeholders are taken into account.
Behavioural science can play a key role in informing these changes by providing insights into how people interact with their environment and how they respond to change.
FAQs
- The Hackathon will provide an opportunity for participants to learn something new, as they collaborate with other industry experts in finding solutions.
- Participants can get access to datasets, fintech APIs and a Digital Sandbox to build their solutions via NayaOne’s Digital Transformation Platform.
- A hackathon can be a challenging experience that pushes specialists out of their comfort zone and helps them make new professional discoveries. Collaborating under pressure can also help participants examine their abilities from a new angle.
- Hackathons create an excellent environment for breakthroughs, although not all hackathons result in real breakthroughs. Participants get a chance to become part of something special.
- Hackathons are also fun and fulfilling, providing an excellent way for experts and managers to spend time together and work toward a common goal in a brand-new environment.
Mentors from various industries, including ESG, Payments come together to provide participants with a range of technologies insights so that participants can use their support to build their projects. These technologies may include ESG and GreenFinance, blockchain, design, data, and more.
Mentors in a hackathon can come from a variety of backgrounds, including industry experts, experienced developers, designers, and business professionals. They provide guidance and support to participants, answering questions, helping troubleshoot problems, and offering advice on best practices. Mentors can be an invaluable resource for participants, particularly for those who are new to hackathons or have limited experience in a particular area. By working with mentors, participants can learn new skills, overcome challenges, and ultimately create better, more innovative projects.
Think of it a start and end date not time you need to spend on the hackathon itself. This year we are starting with an online bootcamp to help you get oriented and discover the process, teammates and tools to utilise. You can spend as much time you like working over the period, be it nights and weekends or full time, it’s your choice.
No. It’s all designed to be done online but you will benefit from attending the conference in London to meet people who might help shape your idea, give you a leg up via an accelerator or maybe even invest.
Participants can join the hackathon platform and they will get access to the hackathon platform, where all the platform related queries to be addressed by the NayaOne and SustainableFinance.Live team.
- Visit the platform and sign-in sustainablefinancelive.nayaone.com/signin
- Navigate to the “Message” section, usually located in the top left section
- Drop your queries to support channel, if it’s generic or platform related
- Share your queries, if you want to chat with mentors on “Mentor” channel
- Submit your queries, and our dedicated support team will revert back
- Sit back and relax as the team diligently works to resolve your query or concern
- You can expect a timely response from us through your preferred communication channel – be it email, phone, or platform messaging.
Join the Challenge
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