Your Monday morning coffee briefing from TFG:
Energy expert slams UK’s net-zero strategy as ‘hopelessly unrealistic’
Banking as a Service gains unstoppable momentum, Finastra research shows
Joint statement from UK Financial Regulation Authorities on London Metal Exchange and LME Clear
EBID secures $100 million commercial credit line from India Exim Bank to support private sector transformation
PODCAST: Veridapt – How a revolution in stockpile and supply chain monitoring can transform trade finance
EU prepares more sanctions against Russia after apparent atrocities near Kyiv
UK unlikely to authorise big expansion of onshore wind farms
Trade must be part of the global effort to address plastics pollution: DDG Paugam
Energy expert slams UK’s net-zero strategy as ‘hopelessly unrealistic’
A leading energy expert has warned that the UK government’s pledge to reach net zero emissions by 2050 at minimal cost is “hopelessly unrealistic”. Read more →
Banking as a Service gains unstoppable momentum, Finastra research shows
The Finastra research reveals the true extent of the appetite for BaaS, with almost 85% of respondents already implementing or planning to implement BaaS over the next 12-18 months. Read more→
Joint statement from UK Financial Regulation Authorities on London Metal Exchange and LME Clear
FCA and the Bank of England will review the governance, market oversight and risk management of the London Metal Exchange and its clearing house, both regulators said in a joint statement on Monday after the nickel trading debacle. Read more→
EBID secures $100 million commercial credit line from India Exim Bank to support private sector transformation
The financial institutions said the credit line agreement is set to give rise to the transformation of the private sector in the West African sub-region. Read more →
PODCAST: Veridapt – How a revolution in stockpile and supply chain monitoring can transform trade finance
In all the crises of the last two years – the pandemic, lockdowns, inflation, and now the Russia-Ukraine conflict – few industries have seen as much volatility as the commodities industry. Listen now →
EU prepares more sanctions against Russia after apparent atrocities near Kyiv
EU ambassadors are expected to discuss the fresh round of measures on Wednesday, according to a diplomat with knowledge of the plans. Read more →
UK unlikely to authorise big expansion of onshore wind farms
Boris Johnson on Wednesday signalled a big role for offshore wind farms in the government’s new energy supply strategy, but played down the prospect of a significant expansion of land-based turbines. Read more →
Trade must be part of the global effort to address plastics pollution: DDG Paugam
International efforts to reduce plastics waste and promote more sustainable use of plastics must include a better understanding of the role trade can play in achieving these outcomes. Read more →
