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Hello, this is Kasmira. This week, as people attended Geneva's sustainable finance summit, some people were staying up slightly later than the rest of the crowd.

Open Geneva's hackathon brought a medley of people together to the Campus Biotech for an intense 24-hour brainstorming session. But did it produce results? Read for yourself below.

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Kasmira Jefford

03.12.2021


Hackathons meet sustainable finance


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(Credit: Natalie Joray/ Open Geneva)

Hackathons have become an increasingly popular way of finding new solutions to old problems. However, they are still a relatively new concept in approaching sustainable finance. A Geneva initiative takes on the challenge of proving their worth to companies.

The University of Geneva and Open Geneva, a non-profit association promoting innovation in the region, returned this week with the third edition of their sustainable finance hackathon, announcing three winners on Wednesday at the Building Bridges conference.

The all-night “sprint”, held last Friday at the Campus Biotech in Geneva, brought together 65 students, international organisations and private sector companies to build – or “hack” – solutions to sustainable finance problems.

Although not all pitches become winners, by pulling participants out of their everyday roles and asking them to interact with people from different backgrounds, the event aimed to create some unexpected and potentially game-changing results.

Read More on Geneva Solutions

Here's what else is happening


Opinion of the day


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(Credit: Unsplash)

📏💰Taking stock of impact. Sustainable finance has been at the top of the news agenda all week, as bankers, academics and heads of international organisations gathered over a five day summit in Geneva, where all sorts of investment opportunities that promise to be environmentally and socially responsible were showcased. But how to measure the real impact of those projects is a crucial question that investors should be asking, writes Lore Vandewalle, associate professor at the Graduate Institute.

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