FinTech and Climate Action, and Affordable and Clean Energy

In this study we analyse FinTech (financial technology) tools and their role in achieving sustainable development. FinTech strives to improve and streamline the provision of financial services. As a modern technology, it can significantly contribute to the sustainable development and it has a capacity to foster a more inclusive and more equitable society. FinTech promotes sustainable development by ensuring green finance, reducing costs and informational inequities, promoting efficiency, appreciating the value of nature's assets, and promoting realistic sustainable lifestyles. Bibliometric analysis shows growing importance and extensive use of the financial technology in achieving SDGs, especially in SDG 13 Climate Action. Green FinTech is focused on emerging trends that are associated with protecting the environment and impacts of climate change. Green finance is supporting environmentally friendly investments and advancing low-carbon technologies, projects and businesses. In accelerating the sustainable development several FinTech tools have been recognized: robo-advisors for environmentally friendly expenditures, payment tokens to be used for peer-to-peer power associations, and blockchain technologies for environmentally conscious supply chains and financial inventiveness. FinTech advances financial inclusion, sustainable finance, and sustainable investment while harnessing innovations in technology and financial services. Governments, legislators, financial institutions, and tech firms must work together to establish a supportive climate that takes advantage of the FinTech while assuring that it is used responsibly.