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The Bank for International Settlements (BIS) has launched the “COP28 UAE TechSprint” initiative, a competition open to developers worldwide to find solutions to data verification gaps in sustainable finance using artificial intelligence (AI), Internet of Things (IoT), and blockchain technologies. The initiative is a joint effort from the BIS, the United Arab Emirates’ COP28 presidency, and the Central Bank of the United Arab Emirates, with the ultimate aim of promoting innovation in scaling sustainable finance and combating climate change.
