Program links high-tech with green finance

The first global association of high-tech, green financial enterprises was started recently by Ant Financial and the United Nations Environment Programme, to make available more green finance products. Under the strategic cooperation agreement, Ant Financial will also join the Finance Initiative project organized by UNEP.

"We believe we can share the concepts of green finance and the green lifestyle with millions of online users through the mobile internet, cloud computing and big data," said Eric Jing, president of Ant Financial, Alibaba Group's financial arm.

Future green finance products, including green debt and green funds for small and medium-sized enterprises and even individuals, would be offered by the association via Ant Financial's online platform.