\n<\/p>\n
SINGAPORE –\u00a0Media OutReach<\/a>\u00a0-
The GreenMoolah Platform<\/b><\/p>\n \u00a0<\/b><\/p>\n The goal of GreenMoolah
\u00a0<\/p>\n Ms Melissa Tan, CEO
\u00a0<\/p>\n Leveraging on the
\u00a0<\/p>\n “I believe that
\u00a0<\/p>\n In addition to
SINGAPORE –\u00a0Media OutReach\u00a0-
8 November 2021 – MoolahSense announces the launch of GreenMoolah, a platform focused
on accelerating green and sustainable financing in Singapore and the region. With
a large number of government-linked and large corporations in the region
embarking on achieving net zero emissions by 2030, regional and local
authorities including businesses are scaling …<\/p>\n","protected":false},"author":1,"featured_media":18667,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18666"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=18666"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18666\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/18667"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=18666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=18666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=18666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n8 November 2021 – MoolahSense announces the launch of GreenMoolah, a platform focused
\non accelerating green and sustainable financing in Singapore and the region. With
\na large number of government-linked and large corporations in the region
\nembarking on achieving net zero emissions by 2030, regional and local
\nauthorities including businesses are scaling up their efforts to support the
\nreduction of emissions. This has created a global demand for green and sustainable
\nfinancing. However, access to affordable loans remains the key challenge for
\nSMEs today.<\/p>\n
\nis to provide a crowdfunding platform to assist SMEs who have been left out to
\nunderstand and embark on projects within the ESG framework, as well as to showcase
\nto investors on how sustainable financing can be profitable. This not only
\nprovides positive contributions to the environment, but also helps investors to
\nembrace the idea of sustainable financing. Such efforts are consistent with
\ncommitments under the Singapore Green Plan 2030 to advance Singapore’s national
\nagenda on sustainable development, and places emphasis on the importance of
\ndriving high-integrity green finance. <\/p>\n
\nof Wah & Hua Pte Ltd and the Chairman for the Waste Management and
\nRecycling Association of Singapore said, “With over 70 million Small and Medium
\nEnterprises (SMEs) within the Southeast Asia region and accounting for over 140
\nmillion employees, there is an increasing need for businesses to adopt
\nsustainable business models. However, with limitations of financing from
\ntraditional banks, these SMEs are facing challenges to transform and accelerate
\ntheir businesses. In the long term, this will affect the sustainability of
\nbusiness and even the livelihood of their employees. The pressure is more
\nevident in the current pandemic where businesses are forced to shut down. Hence,
\nriding on the peer-to-peer lending concept, this platform could help SMEs who are
\nunable to meet the traditional banks financing criteria.”<\/p>\n
\nGreenTrust Framework, a digital utility spearheaded by MoolahSense as the key
\nunderlying technology for interoperability and verification, end-to-end
\nfinancing for SMEs on the GreenMoolah platform can be instantly authenticated,
\ndigitally processed and provenance tracing obtained simply by scanning a QR
\ncode that’s embedded into the Digital Certificates.<\/p>\n
\nmost SME owners will want to play their part in the efforts towards
\nsustainability. However, as business owners, their primary focus would be on profitability.
\nWith limited resources in both manpower and finance, and insufficient related
\nexperience, it makes embarking on transformation even more challenging for
\nthem. Through MoolahSense, the green framework we have developed and in the
\nnear future digitalized with the use of technology like blockchain and IOT, it
\nmakes understanding assessments and reporting easier” said Andrew Quek,
\nInvestment Director of MoolahSense.<\/p>\n
\nthe ease of application for crowdfunding towards sustainable projects, the
\nintroduction of the GreenMoolah platform aims to facilitate the adoption of
\nmore sustainable projects within a society. With its integration and
\ndigitalization processes, GreenMoolah is able to reduce the steps needed for
\napplications and at the same time, educate businesses owners on an easy to
\nadopt and transparent process, so that they are able to return and use the
\nGreenMoolah platform in the future. <\/p>\n<\/p><\/div>\n\n
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