NovA!’s mission is to empower global financial institutions with AI-driven sustainability insights, accelerating the transition to net zero.
We have identified a clear problem statement in consultation with the industry and determined a path forward
The Latest from NovA!
Sustainable Financing
NovA! orgnised industry study workshop to seek views on streamlining the green finance process to mobilize funds for decarbonizing building projects.
White Paper
NovA! published its white paper to document the methodologies and design of its Phase 1 product.
Green Buildings
Singapore Green Building Masterplan – A roadmap to decarbonise the Built Environment
Who We Are
NovA! – part of the National AI Programme in Finance – is a public-private initiative to support growth in sustainable financing, with data and AI-powered analytics
- Vision: Become a leading utility AI platform that drives environmental sustainability through innovative financial services.
Mission: Unlock opportunities for sustainable financing, combat greenwashing, and accelerate the industry transition toward Net Zero
What We Do
Explore the future of green financing with NovA!, where we leverage cutting-edge technology to revolutionize the real estate landscape:
- Unlock Green Financing Opportunities
- Boost Productivity for Financial Institutions
- Smooth the Borrower-Financial Institution Relationship
- Streamline and Standardize Green Financing Processes
- Discover Best Practices in Green Financing Frameworks
News:
Methodology for BEEA and BECC
This article covers how the project NovA! methodologies for Building Energy Efficiency Assessment (BEEA) and Building Energy Conservation Certificate (BECC).
MAS Project NovA!: Advancing AI in the Finance Sector
Introduction The MAS Project NovA! is an exciting initiative that is part of the national AI programme for finance. This
MAS Project NovA! – Advancing AI in Finance
Introduction The MAS Project NovA! is an exciting initiative that is part of the national AI programme for finance. Led
List of NovA! Consortium Members
Bank of China Ltd., Building and Construction Authority, Capital Quantum, Citi Singapore, DBS Bank Ltd., Deutsche Bank Aktiengesellschaft, Greenland Financial Technology Group, Green Link Digital Bank, Hitachi Asia Ltd., MUFG Bank Ltd., National University of Singapore, Asian Institute of Digital Finance, Oversea-Chinese Banking Corporation Ltd., Reluvate Technologies Pte. Ltd., Savills, Shanghai Pudong Development Bank Co. Ltd. Singapore Branch, Standard Chartered Bank (Singapore) Ltd., Sumitomo Mitsui Banking Corporation, Temasek, The Association of Banks in Singapore, The Hongkong and Shanghai Banking Corporation, Singapore Branch, Tsinghua University, Institute for Internet Industry, United Overseas Bank Ltd., Univers, Verra
Partners and Collaborators
Lead Banks:
Sumitomo Mitsui Banking Corporation (SMBC), Green Link Digital Bank (GLDB)
Commercial Lead: Temasek
Collaborators and Partners: Hitachi Asia Ltd., Univers Pte. Ltd, Capital Quantum, Nova Data Pte. Ltd., Arkreen Foundation
Our industry study validated demand across 2 use cases from > 40 banks
Priority use cases for NovA!
