On November 15, Energy Day at COP27, the World Bank Group announced the Hydrogen for Development Partnership (H4D), a new global initiative to boost the adoption of low-carbon hydrogen in… read more →

The Asian Development Bank (ADB) launched a just transition support platform on November 14. The initiative is part of ADB’s commitment to ensuring that the benefits of the shift to… read more →

Crypto.com has made a clerical error mistakenly sending 320,000 in Ethereum (c.$416 million) to another cryptocurrency exchange, called Gate.io, about three weeks ago. According to Crypto.com CEO Kris Marszalek, the… read more →

Your Monday coffee briefing from TFG – Commerzbank on standardisation: the key to sustainable trade finance

The AES Corporation’s US-based clean energy business announced on November 11 that it has entered into a $1.7 billion warehouse credit facility advancing the construction of 3 gigawatts (GW) of… read more →

Gunvor USA LLC, a subsidiary of Gunvor Group Ltd, has successfully closed the syndication of its $1.45 billion uncommitted borrowing base credit facility.  The facility includes a $1.16 billion one-year… read more →

Tackling global warming cannot be successful without governments taking into account the important role of trade in meeting climate goals, according to Director-General Ngozi Okonjo-Iweala. Speaking at a high-level event… read more →

On November 8, the Asian Development Bank (ADB) and the Indonesian government launched a scoping study to map the pathway for the country’s future national capital, Nusantara, to identify, track, neutralise,… read more →

The air cargo market continues to unwind as the global economy slows and consumers tighten their belts in regard to services. The industry is slowly moving into its typical peak… read more →

Your Monday coffee briefing from TFG – VIDEO | Citi on navigating volatility and incorporating ESG finance principles into trade finance