WEF launches accelerator to boost crypto-enabled ESG efforts – The National

WEF launches accelerator to boost crypto-enabled ESG efforts – The National

The World Economic Forum has joined forces with CoinDesk, a news site specialising in digital currencies, to launch the Crypto Impact and Sustainability Accelerator (CISA), aimed at shaping the future of crypto-enabled Environmental, Social and Governance (ESG) efforts.

The initiative will accelerate progress around ESG targets for the crypto ecosystem, bringing key players and industry leaders together to shape a more inclusive future, the entities said in a joint statement on Friday.

While supporting the development and responsible use of cryptocurrencies, the initiative aims to bridge gaps in understanding between the public and private sectors and shape a cohesive narrative that highlights how the crypto sector can contribute to ESG, the statement added.