Summary: Crowdfunding, blockchain, artificial intelligence and neobanks. What do all of these buzzwords have to do with fighting climate change? On this episode of Political Climate’s DITCHED series, host Julia Pyper speaks to the authors of a new report on “climate fintech,” an emerging ecosystem that leverages digital technology to help move more capital into climate change solutions. The report, published by the startup accelerator New Energy Nexus, offers a valuable overview of what this rapidly evolving ecosystem looks like today. Andrew Chang, New Energy Nexus climate fintech program director based in Shanghai, and Aaron McCreary, New Energy Nexus fintech lead for Europe and the United States, describe how and why traditional finance is being disrupted by new technology — and what this means for decarbonization. Recommended resources:Climate Fintech Report: An Emerging Ecosystem of Climate Capital CatalystsDITCHED: Greening the BanksIf you’re just joining us, the DITCHED series is all about fossil fuel divestment and the rapidly evolving world of green finance. We’re airing these episodes in addition to our regular Thursday shows on climate and energy politics and policies. You can find all segments in the DITCHED series on the Political Climate podcast feed, which is available on Apple Podcasts, Spotify, Stitcher, or wherever you get podcasts! You can also find the series on the Political Climate website or via the leading independent environmental news platform Our Daily Planet.
