The government explained that the carbon border adjustment mechanism (CBAM) will target carbon-intensive products in sectors like iron, steel, aluminium, fertiliser, hydrogen, ceramics, glass, and cement.
Alex Gray, Director of Trade and Transaction Banking at the London Institute of Banking & Finance, outlines why the drive for net zero will change trade patterns, why technology could make those changes unpredictable, and how trade professionals can prepare.
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.
While at COP28, held in Dubai, UAE, the International Chamber of Commerce (ICC) has released its Wave 2 framework.
ECAs from across the globe have come together to form the Net Zero Export Credit Agencies Alliance, a new initiative unveiled at the COP28 summit.
The United Arab Emirates is set to unveil a new climate-focused investment fund worth $30 billion at the upcoming COP28, with support from major investors including BlackRock, three sources with knowledge of the matter told Reuters.
At ICC United Kingdom’s annual conference, International Trade and Prosperity Week, TFG’s Deepesh Patel was joined by Chris Southworth, Secretary General at ICC United Kingdom, to discuss the importance for the business of limiting global temperature increase to 1.5° C and what the ICC is doing to support the sustainable transition.
To talk about Absa’s sustainability plans, Trade Finance Global’s Brian Canup spoke with Msizi Khoza, Managing Executive ESG, Absa and Ovizikhungo Sicwetsha, Pan African Head, Short Term Finance, Absa.
Today, Surecomp announced that CargoX is joining its RIVO™ platform. This partnership enhances Surecomp’s ecosystem, providing customers with centralised access to a range of top-tier electronic trade document solutions to… read more →
