Standard Chartered nominates penomo for the Earthshot Prize 2025! Read more
Mar 4, 2025
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March 2025 — One of the world’s largest financial institutions, Standard Chartered, put its weight behind Penomo for nomination to the Earthshot Prize 2025 — a prestigious global initiative backed by the likes of The Bezos Earth Fund, Bloomberg Philanthropies and more.
The prize identifies and accelerates the most ambitious solutions addressing the “Fix Our Climate” challenge — focused on creating an equitable clean energy future, tackling non-CO2 emissions, and decarbonizing hard-to-abate sectors by 2030.
A Landmark Recognition for Penomo
The Earthshot Prize has become one of the world’s most impactful platforms for driving breakthrough climate innovations, and in 2025, Standard Chartered has backed Penomo — a cutting edge protocol transforming tokenized energy and AI infrastructure into an institutional grade asset class.
The only way into the Prize is by official nomination of invite-only reputable Nominators, where the process began in November 2024. This nomination places Penomo among a global elite of climate innovators. This recognition underscores Penomo’s role in reshaping energy finance, being highlighted for:
✅ Creating an equitable clean energy future: ensuring clean energy deployment is widespread and accessible.
✅ Innovating financial mechanisms & legal frameworks: ensuring climate capital flows efficiently to where it’s needed.
✅ Driving shared economic opportunities: creating institutional-grade financial products that align profit with planetary impact.
The prize has propelled groundbreaking technologies such as direct air capture, bioengineered carbon sequestration, and next-generation renewable energy innovations into global prominence.
Standard Chartered: A Financial Giant in Climate Action
Standard Chartered is one of the world’s largest international banks, operating across more than 50 markets, with a total asset base exceeding $820 billion. It has positioned itself as a leader in sustainable finance, aligning with net-zero goals and actively driving capital towards green investments.
Major sustainability initiatives by Standard Chartered include committing $300 billion in green and transition finance by 2030, and launching one of the first sustainability-linked loans, integrating climate incentives into corporate lending.
This is a transformative milestone for Penomo — validating its mission to bridge capital with real-world climate solutions. As the energy transition accelerates, digital asset innovation will be key to unlocking the trillions required to build the sustainable infrastructure of the future.
About Penomo
The end-to-end financing protocol bridging private capital markets with tokenized AI & energy physical infrastructure to address the $4tn energy financing deficit owing to the traditional financing limits.Penomo transforms real climate hardware-backed assets (such as AI Data centres, solar farms) into high-grade digital assets onchain and delivers a sourcing and allocation solution to institutions and private investors globally who are eager to make climate-transition investments. Backed by top institutions and with the recent nomination by Standard Chartered Singapore for the 2025 Earthshot Prize, Penomo’s team brings expertise from JPMorgan, Deutsche Bank, and BlackRock’s Recurrent Energy, blending fintech, web3, and physical infrastructure to power humanity on Earth and beyond.