Innovative Financing Solutions
Innovative Financing solutions
Westernclear’s SUSTAINABILITY approach
Sustainable finance incorporates environmental, social and governance (ESG) factors into financial portfolio selection and management. The 2020 Global Sustainable Investment Review (GSIR) found that global sustainable investment reached $35.3 trillion in five major markets including the U.S., a 15% increase in the past two years (2018- 2020).
Sustainable finance that focuses on environmental factors is called green finance. At its simplest, green finance is any structured financial activity—a product or service—that is created to ensure a better environmental outcome. It includes an array of loans, debt mechanisms and investments that are used to encourage the development of new green activities or minimize the impact on the environment of existing activities.
Trading place
Our Vision for encourage Sustainable Finance in international trade
We strive to facilitate and accelerate the development of a sustainable financial system. Westernclear understand supply chain finance is a fast-growing and emergent form of trade finance, driven by the shift toward open account trade from letters of credit. Open account trade enables goods to be shipped and delivered to the buyer before payment is due to the seller, whereas letters of credit must be issued by a bank on behalf of the buyer, promising to pay the seller for goods or services, provided all terms and conditions set forth in the letter of credit are met.
Action FOCUS
Financial innovation is the development of new financial products, processes, services, institutions, or markets. Acceptance and integration of new technologies make the scope for the changes in the financial sector vast.
There are different types of financial innovations: product, process, and institutional.
Digital innovation helps improve financial inclusion and increase financial literacy not only among the banked population but also among the unbanked population.
Workplace
Our Vision for encourage Sustainable Finance in
We strive to facilitate and accelerate the development of a sustainable financial system. Westernclear can support a greater supply of sustainable investment opportunities by reducing barriers to issuance. As an FMI, we aim to foster trust and transparency in the sustainable finance market by enabling the processing of ESG information and improving its flow between market participants – from issuers to asset manager and asset owners. Our global footprint helps us further expand the reach of the market to more asset classes and participants.
Our action plan
We aim to create a single point of delivery for issuers to comply with ESG reporting needs
We envision the development of a single point of access for investors to meet on-demand needs for ESG data and analytics
We look to support a channel for sustainability guidance in the form of ESG taxonomies, standards and frameworks under development
Environment
Our Vision for scaling up Sustainable Finance
We strive to facilitate and accelerate the development of a sustainable financial system. Westernclear can support a greater supply of sustainable investment opportunities by reducing barriers to issuance. As an FMI, we aim to foster trust and transparency in the sustainable finance market by enabling the processing of ESG information and improving its flow between market participants – from issuers to asset manager and asset owners. Our global footprint helps us further expand the reach of the market to more asset classes and participants.
Our action plan
We aim to create a single point of delivery for issuers to comply with ESG reporting needs
We envision the development of a single point of access for investors to meet on-demand needs for ESG data and analytics
We look to support a channel for sustainability guidance in the form of ESG taxonomies, standards and frameworks under development
Community
Our Vision for scaling up Sustainable Finance
We strive to facilitate and accelerate the development of a sustainable financial system. Westernclear can support a greater supply of sustainable investment opportunities by reducing barriers to issuance. As an FMI, we aim to foster trust and transparency in the sustainable finance market by enabling the processing of ESG information and improving its flow between market participants – from issuers to asset manager and asset owners. Our global footprint helps us further expand the reach of the market to more asset classes and participants.
Our action plan
We aim to create a single point of delivery for issuers to comply with ESG reporting needs
We envision the development of a single point of access for investors to meet on-demand needs for ESG data and analytics
We look to support a channel for sustainability guidance in the form of ESG taxonomies, standards and frameworks under development
Governance
Our Vision for scaling up Sustainable Finance
We strive to facilitate and accelerate the development of a sustainable financial system. Westernclear can support a greater supply of sustainable investment opportunities by reducing barriers to issuance. As an FMI, we aim to foster trust and transparency in the sustainable finance market by enabling the processing of ESG information and improving its flow between market participants – from issuers to asset manager and asset owners. Our global footprint helps us further expand the reach of the market to more asset classes and participants.
Our action plan
We aim to create a single point of delivery for issuers to comply with ESG reporting needs
We envision the development of a single point of access for investors to meet on-demand needs for ESG data and analytics
We look to support a channel for sustainability guidance in the form of ESG taxonomies, standards and frameworks under development
Our action plan
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Access to additional financial resources from the value chain, that can redeploy savings to recognize and reward producers for delivering key environmental outcomes.
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Strategic investment through our development participation for suppliers receive financing for their operations and sustainability efforts.
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Create benefit package for companies to benefit in being able to integrate sustainability into their business strategy, products and services, and reduce climate impact of their operational activities, while addressing consumers’ increasing demands for buying sustainably sourced products.
Sustainability Outlook
Financial innovation improves institutions’ ability to sustain themselves and reach out to the underprivileged. As a result, the development of financial markets and the IT sector are closely interconnected. Specifically, they share a positive correlation.
Catherine Renner
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+1 202 910 6912
Jessica Kian
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+1 561 809 4560
