All investment strategies and investments involve the risk of loss—all except perhaps one: Investing in future-proofing our planet. A recently published report from Intergovernmental Panel on Climate Change (IPCC) paints a grim picture of how we are doing as a species. The report provides one of the most comprehensive analyses of the intensifying impacts of climate change and future risks for the world. The IPCC estimates that in the next decade alone, climate change will drive 32-132 million more people into extreme poverty. Global warming will jeopardize food security, increase mortality rates, and will result in irreversible effects causing stronger storms, longer heatwaves, droughts, extreme precipitation, rapid sea-level rise, loss of Arctic sea ice and ice sheets, thawing permafrost, and more.At WhiteSight, we keenly follow the reinvigorated responses from the FinTech ecosystem towards the climate change imperatives. This has branched out in the emergence of the Green Finance phenomenon, where the FinTech ecosystem stakeholders are aligning their green thumbs to keep up with the effects of climate change. This Earth Day, we reflect upon some of the moves by these participants in various activities across the span of January-April as they guide the Future of Finance towards net-zero. Banking On […]