Talking about trade and sustainability can be a double-edged sword: international trade is denounced by climate and anti-globalisation activists for polluting the planet, but many see great potential in trade to power a green transition. Like it or not, trade makes up almost 30% of global GDP; it has also lifted over a billion people out of poverty in the last decades, and is going to become an increasingly central part of the fight against climate change as more parts of the world become integrated in the global market.
The International Trade and Forfaiting Association (ITFA) has been facilitating global trade finance by connecting various stakeholders, fostering collaboration, and driving innovation.
The U.S. International Development Finance Corporation (DFC) has approved technical assistance funding for a pioneering 120 MW hydropower project in Madagascar, to expand the country’s clean energy capacity.
Etihad Credit Insurance (ECI), the UAE export credit company, and three partners signed a joint agreement on Tuesday, September 17 to support global commodities giant Trafigura in expanding their acquisition of commodities from the UAE.
In the container shipping industry, players across the supply chain are at varying levels of digital maturity. From cargo owners and terminal operators to legislators and governments, the wide range of participants makes uniformity difficult to achieve. As does the vulnerability of global networks, prone to disruption now more than ever.
In Georgia, the high costs associated with providing banking services to SMEs and stringent creditworthiness or collateral requirements pose
As businesses strive to optimise processes, enhance efficiency, and meet growing customer demands, the tools they use need to evolve as well.
To learn more about efforts to improve operational efficiency and sustainability in the shipping space through technological advancements, Trade Finance Global’s Brian Canup spoke with Chris Sunderman, Program Lead for Banks at the Digital Container Shipping Association (DCSA).
The Standard Chartered loan will be guaranteed by UK Export Finance and Poland’s export credit agency KUKE and supports a solar project in Turkey.
7 August, New York, USA – Standard Chartered announces the successful closing of a six-year USD235 million non-recourse senior secured term green loan facility to fund the development, construction, and operation of a 1.35 million square foot solar photovoltaic manufacturing plant in Wilmer, Texas, USA, for Trinasolar, a leading global renewable company.
