Net Zero Challenge startup finalists announced by RFI Foundation and HSBC

Net Zero Challenge startup finalists announced by RFI Foundation and HSBC

London and Dubai: The Responsible Finance and Investment (RFI) Foundation, in partnership with HSBC Middle East Ltd, have announced the final six startup businesses for their Middle East based Net Zero Challenge. The startups successfully demonstrated their ability to offer technology solutions to financial institutions in the Middle East, North Africa and Turkey (MENAT) region on their Net Zero journeys. Following their pitches, the finalists were chosen based on their potential to improve data collection, analysis, validation and dissemination of financed emissions for financial institutions.

The successful finalists are Blockchain Triangle (Bermuda), Evercity (Germany), ESGi (UK), ESGTree (Canada), Greenomy (Belgium), and CDIOXIDE LLC (Egypt).

The startups progressed through a Global Virtual Innovation bootcamp where they were supported by mentors, including experts from HSBC, Falak Startups and the RFI Foundation’s Emissary Network. The bootcamp prepared the finalists to present their business plans to the Net Zero Challenge’s partners: Falak Startups, ADGM, the Central Bank of Bahrain, and the Economic Development Board of Bahrain.

“We are excited by the opportunity to connect companies from around the world with the financial ecosystem in the MENAT region through the Net Zero Challenge. Net Zero Challenge finalists have a big opportunity they can take forward from the connections