Grants and Contributions:

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Title:

Eureka Canada-E!18918-GREENWISE-ESG-focused Green Bond Analysis, Enhanced Prediction and Wise Investment Optimization

Agreement Number:

1011927

Agreement Value:

$500,000.00

Agreement Date:

Jul 1, 2023 - Jul 1, 2024

Description:

As part of the international consortium project "GREENWISE-ESG-focused Green Bond Analysis, Enhanced Prediction and Wise Investment Optimization”, this project will focus on investigating investors' willingness to reward greener bonds. We will process EUR sovereign fixed income, interest rate data to feed & ML model with market risk coefficients that will scale the macro government rates, creating a base-line clustering of green bonds & their pricing in the market, compared with competition -AI generated signals for macroeconomic risk. The results of GREENWISE will be a tool suite for measuring the perceived vs actual “greenness” of Fixed Income assets and predicting how this will affect the pricing of these Fixed Income assets

Organization:

National Research Council Canada

Expected Results:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Location:

Toronto, Ontario, CA M6E 2S1

Reference Number:

172-2023-2024-Q3-1011927

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

790005920

Recipient Type:

For-profit organization

Recipient's Operating Name:

Overbond

Recipient's Legal Name:

Overbond Ltd.

Federal Riding Name:

Eglinton--Lawrence

Federal Riding Number:

35024

Program:

Industrial Research Assistance Program – Contributions to Firms

Program Purpose:

Coverage:

IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

5239