Philip Berntsen

#70 most read in

Philip Berntsen is a sustainable infrastructure finance specialist and PhD student in Quantitative Finance at the University of Zurich at the Department of Banking. He is passionate about how Decentralized Finance can improve sustainable infrastructure finance and make our traditional financial system more efficient and composable.

Markus Leippold

Oct 12 2022

How to make sustainable finance accessible, efficient, and transparent by using decentralized finance (DeFi)

Illuminem Voices

Sustainable Finance · Climate Change

Traditional financial intermediaries (TradFi) create friction in infrastructure financing through access thresholds, time delays, fees, inaccurate, and sparse information. Against the backdrop of the climate emergency, we are significantly missing our financing targets for key projects such as renewable energy investments, which need to increase by more than seven-fold — from less than $150 billion in 2021 to over $1 trillion —to meet climate goals.