Back in 2017, when foraus established the Sustainable FinTech project, the aim of a Swiss financial center interlinked with sustainability and technology was a forward-thinking vision. Recent developments, such as the Federal Council's recognition of the potentials of FinTechs for Sustainable Finance in Switzerland, as well as the launch of the Green FinTech Action Plan, shows that the national agenda on Sustainable Digital Finance is taking shape.
Besides the important steps taken, there is room for improvement when the goal is to foster a tech-driven, sustainable Swiss financial center. In the latest foraus publication, Swiss FinTechs & Sustainability: current landscape, framework conditions, and policy recommendations, Nadir França, Anna Stünzi, Fabian Ligibel, and Nihat Cinzöz map and analyze the Swiss sustainable digital finance landscape.
Based on the main findings and policy directions discussed, the authors propose four practical recommendations to support the ecosystem of Swiss FinTechs addressing sustainability topics:
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