Project NovA!

A whitepaper on accelerating sustainability through AI in the real estate sector

Unveiled in 2021 as part of Singapore’s National AI Programme in Finance, NovA! aims to empower the financial services sector with artificial intelligence (AI)-driven sustainability insights, enabling more impactful and effective decision making. Spearheaded by the Monetary Authority of Singapore (MAS) and the Smart Nation Digital Government Office (SNDGO), PwC served as the project consultant, in collaboration with a host of industry experts.

At the Singapore FinTech Festival 2023, the NovA! consortium launched a minimum viable product (MVP) that can help banks leverage AI when issuing sustainability-linked loans (SLLs) in the real estate sector. This whitepaper elaborates how the developed MVP can enable banks to play an important role in facilitating sustainable finance to create tangible sustainability impact.

Project NovA! Download the whitepaper

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