Prometeon Tyre Group, a subsidiary of Italian tyre brand Pirelli, has signed a new sustainability-linked facilities agreement led by ING Bank. The deal is comprised of a €200 million term… read more →
Gunvor Group, one of the world’s largest independent traders of liquefied natural gas (LNG), has signed a new syndicated borrowing base facility worth $1.13 billion. In what the company believes… read more →
British Chancellor Rishi Sunak has praised the level of financial cooperation that the G7 achieved under the UK presidency, which is coming to an end this year.
US supermarket chain Walmart has launched a new supply chain finance programme designed to issue credit based on greenhouse gas (GHG) emissions reductions. In what the company claims is a… read more →
UK Export Finance (UKEF) has announced that its £50 billion war chest to support British trade is “open for business”. Speaking at the UK Trade & Export Finance Forum in… read more →
The International Chamber of Commerce (ICC) has published an updated framework for responsible environmental marketing, which aims to prevent the use of misleading claims to promote “green” products and services.
In the commodities super cycle that has emerged out of the COVID-19 pandemic, few resources have seen as much volatility as liquified natural gas (LNG).
The UK government has announced that it will deploy eight new attachés to promote trade and boost exports in key agri-food and drink markets overseas. The measures, unveiled yesterday, aim… read more →
Your Monday morning coffee briefing from TFG. Stagflation: Over 80% of US and UK businesses have been hit by increased costs due to inflation. The Bank of England’s (BoE) chief economist backs the case for raising interest rates, and the BoE warns that a CBDC could reduce commercial bank despotis by 20%. The U-shaped recovery – ICISA’s Richard Wulff discusses trade credit insurance and its bounce back from the pandemic. Dr. Joanna Burch-Brown explores the EU taxonomy and the ethics of green finance. And European gas shortages are expected to push up fertiliser costs and food prices.
With this year’s biggest climate conference, COP26, now behind us, 2021 may turn out to be a landmark year for raising awareness of green finance.
