Report: Blockchain and other technologies can help financial institutions track green credit investments

According to surging news reports, on March 9th, the Paulson Foundation Green Finance Center and Tsinghua University's Green Finance Development Research Center jointly released the report "Fintech to Promote China's Green Finance Development: Cases and Prospects". The report states that the decentralized, open, transparent, autonomous, anonymous, and tamper-resistant characteristics of blockchain technology have brought new ideas to green finance. The report believes that the use of blockchain and other technologies to solve the problem of fund penetration management can help financial institutions to track the investment of green credit and green bonds, and help reduce the risk of "washing green" and "green drifting."