More than a trend, the future of investments for investors, entrepreneurs, and beneficiaries
The sustainable finance professionals are often seen by traditional finance stakeholders as utopist dreamers that do not have enough means to change the world. It can indeed be idealistic, but it is useful to be reminded about the “drop in the ocean” concept where the collective effort of many drops has the power to have a tremendous effect. Tech4Good is one such approach that can have a huge im- pact through both the power of state-of-the-art developments in new technology breakthroughs and its reach in terms of access to numerous markets and geographies at the same time as well as in real-time.
As its name implies Tech4Good means using technology to improve the lives of others. For example, remote and underserved populations gaining access to energy with off-grid solar panels with payment to the service with a “pay-as-you-go” solution through a mobile phone. Being able to bring financial inclusion to the unbanked populations through micro-credits being reimbursed through one’s cellular phone is another example.
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