Global shipping is one of the most challenging sectors to decarbonise. The International Maritime Organization (IMO) has set out an ambitious goal to reduce the industry’s greenhouse gas emissions by 50% from 2008 levels by 2050, a target that will require the swift development of zero or low-emission fuels, new ship designs using cleaner technology, and climate-proof operations such as carbon efficiency optimisation initiatives.

ICC Trade Register confirms that for larger banks, credit risk in trade, supply chain, and export finance fall back to pre-pandemic levels.

Today, the world is witnessing its most ingrained and confounded global food crisis triggered by heavy inflation, supply chain disruption, and the Russia-Ukraine conflict.

For sustainable trade finance to scale, the industry needs a uniform model for ESG data that can be used by everybody, says Pradeep Nair, Global Head of Structured Solutions and Development of Standard Chartered Bank

Trade Finance Global’s (TFG) Annie Kovacevic sat down with Finastra’s Anastasia Mcalpine (AM) and Contour’s Josh Kroeker (JK) to find out the importance to have fintech companies collaborating more frequently.

The aim of the strategy – to “make Europe the first carbon-neutral continent” – was always ambitious. The question now is whether the events over the last 30 months have put the targets out of reach.

It is often debated whether the reported existing trade finance gap, which over the last 3 years has oscillated between $100 billion and $120 billion, will diminish or whether the nature of illiquid, growth-focused, emerging market economies means that the gap will never truly close.

If you mention the International Chamber of Commerce (ICC) to any practitioner––from a bank or a corporate––involved in trade finance most, if not all, would associate the organisation with issuance of rules.

SCHUMANN, a risk management advisor for trade credit and surety business, held its annual cross-industry and multinational online conference for decision-makers and executives around credit risk management, compliance, and digitalisation… read more →

This year’s ITFA 48th Annual Trade & Forfaiting conference, held in Porto, covered a few key themes, one of the most notable being the increasing trade finance gap, which impacts small- to medium-sized enterprises (SMEs) in emerging markets the most.