The Government of Canada, in collaboration with the Asian Development Bank (ADB), has unveiled a new C$360 million trust fund.

At Commodity Trading Week held in London, Deepesh Patel, Editorial Director, Trade Finance Global, sat with Dr Sadar Abdul Rasheed, Director, Commodity Risk Control at Savola Group to discuss the implications of carbon, decarbonisation, ESG, and climate risk for the commodity traders and commodity markets.

At the 2024 33rd European Bank for Reconstruction and Development (EBRD) Annual Meeting and Business Forum in Yerevan, Armenia, Trade Finance Global (TFG) spoke with Hasmik Ghahramanyan, a board member of the Central Bank of Armenia, to discuss Armenia’s policies and actions to achieve the SDGs.

Trade Finance Global spoke with Çağatay Baydar, Chairman at FCI and Irina Tyan, Principal Banker, TFP at the EBRD about factoring and SCF.

The European Union announced on Thursday that it has given final approval to implement the remaining batch of Basel III rules in Jan 2025.

At the EBRD 2024 annual meeting in Yerevan, Armenia, the Trade Facilitation Program (TFP) was in the spotlight as it transitions leadership from Rudolf Putz to Shona Tatchell. 

CarbonChain provides carbon accounting software for manufacturers, commodity traders, and their banks, with a primary focus on scope 3 supply chain emissions.

Marsh has announced the launch of Tax Investment Default Insurance, a new solution designed to increase the capital available for investing in federal tax credits tied to US renewable energy projects.

IFC and Absa provide $60 million commodity trade finance facility to Volcafe, benefiting East African coffee farmers.

Today, the International Finance Corporation (IFC) and Egypt announced a $100 million financing deal at the “IFC Day in Egypt”.