Arab Coordination Group collectively allocated approximately $17 billion to finance nearly 500 projects in over 90 countries.
The value of traded global markets for carbon dioxide (CO2) permits reached a record 881 billion euros ($948.75 billion) in 2023, marking a 2% increase on the previous year, analysts… read more →
In October 2023, Apple announced all its products will be ‘100% carbon-neutral by 2030’. This objective, in line with the company’s commitment, emerged following the establishment of partnerships with suppliers for ‘green aluminium’.
At the COP28 climate summit in Dubai, representatives from nearly 200 countries reached an agreement to start reducing the global consumption of fossil fuels.
The UK has provided loan guarantees allowing Standard Chartered Bank to organise financing, enabling British exporter Innovo Group to secure a €415 million contract for essential infrastructure projects in Benguela Province, Angola, situated on the west coast adjacent to the Atlantic Ocean.
A RepRisk report released on Tuesday revealed a 70% increase in greenwashing incidents by banks and financial services companies globally over the past 12 months, compared to the previous year.… read more →
While a growing portion of the industry starts to seize the opportunities of measuring and managing emissions, many commodity traders still hesitate. Why undertake the complex process of carbon accounting, if it’s hard, if it’s not a legal requirement, and if it only draws attention to their high-carbon products rather than their competitors?
Trade finance plays a vital role in global economic activities, facilitating the movement of goods and services across borders.
Financial leaders, corporations, and philanthropists are pooling resources of more than $2 billion to bolster efforts in carbon reduction and climate resilience across Africa, Asia, and Latin America, according to… read more →
Trade Finance Global (TFG) is pleased to announce its partnership with the International Trade Centre’s (ITC) annual flagship event, the World Export Development Forum (WEDF), taking place on June 26-29, 2023 in Ulaanbaatar, Mongolia.
