The announcement comes as a broad set of stakeholders, including central banks and the White House, call for energy-efficient methods of bringing financial services to consumers and businesses, as the need to reduce their carbon footprint remains critical.
Given the unique role of central banks in the financial sector, the acronym “G.R.E.E.N.” specifies five key principles EMTECH believes should contextualize their mandate of financial stability and risk management. Indeed, there is unprecedented value for central banks in:Empowering innovation with core infrastructure.“EMTECH is making ‘going green’ more practical for central banks with The G.R.E.E.N. CBDC Framework,” says Carmelle Cadet, CEO and Founder of EMTECH.
The launch of the G.R.E.E.N. CBDC Framework is a natural step for EMTECH, which already utilizes environmentally friendly technology to power its solutions. Last year, itNASDAQ“Both developed and developing economies can adopt this framework. “When used at scale, a CBDC solution should not put additional strain on fragile power infrastructures and can be a viable step toward reducing carbon footprint,” says Cadet.in Frankfurt, Germany on August 30th.
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