The Knowledge to Act
More

Project

Financial Technologies and the Environment

Share This

If you have heard of the Internet of Things (IoT), big data, artificial intelligence (AI) and blockchain, then you have probably heard of "fintech." These financial technologies are used across consumer and industrial spaces and are now being embraced by financial organizations with large global investments.

In parallel with the data and fintech revolutions are ongoing efforts at national, regional and global levels to reach the Sustainable Development Goals. Could these technologies, associated with concepts like observation, information, context and trust, be the tools we need to build a more sustainable and equitable world?

Artifical Intelligence is one of the four financial technologies IISD is exploring and applying to sustainable development practices.

IISD and IISD Experimental Lakes Area are some of the first in Canada to explore how actors in the sustainable development world can adopt these financial technologies and apply them to sustainable development practices.

We are discovering existing adoptions, such as the City of Stockholm using IoT to monitor their water quality, to the Jefferson Project Lake George in New York State which is using IoT and AI to create a computing platform that captures and analyzes data from sensors tracking water quality and movement.

We then plan to work with IISD Experimental Lakes Area's unparalleled dataset to demonstrate the potential—and the challenges—of an AI-driven prediction on the physics, chemistry and biology of lakes and rivers.

This work is funded by RBC, who is working with partners like us to explore new and exciting technologies to solve the world’s pressing environmental challenges.

  • Blog
    Citizen Science Fills Critical Gap in Monitoring Freshwater Resources

    Citizen Science Fills Critical Gap in Monitoring Freshwater Resources

    Most of us lack baseline data about our ecosystems, which makes it difficult to recognize changes and detect early warning signs. Enter citizen science. Read More
  • Blog
    Making Winnipeg a Smart City With New Technologies

    Making Winnipeg a Smart City With New Technologies

    We asked four members of our Winnipeg team how they would tackle some of Winnipeg’s most pressing issues: This is what they came up with. Read More
  • Blog
    Five Ways Blockchain Technology Can be Used for Resilience

    Five Ways Blockchain Technology Can be Used for Resilience

    Disruptive technology has vast applications toward increasing the resilience of individuals, communities and ecosystems. Here are five encouraging examples. Read More
  • Report
    Using Technology to Solve Today's Water Challenges

    Using Technology to Solve Today's Water Challenges

    Eight case studies of organizations using innovative technologies to make better decisions regarding the protection of our fresh water. Read More
  • Report
    Harnessing the Flow of Data: Fintech opportunities for ecosystem management

    Harnessing the Flow of Data: Fintech opportunities for ecosystem management

    This report explores how new technologies—like big data, the Internet of things, blockchain and artificial intelligence—can support smarter ecosystem management. Read More
  • Blog
    Using Financial Technologies for a More Sustainable Planet

    Using Financial Technologies for a More Sustainable Planet

    If you have heard of the Internet of Things, big data, artificial intelligence and blockchain, then you have probably heard of "fintech." We explore how these financial technologies could be applied to create a more sustainable planet. Read More