Event Details
Sustainable Trade Finance
Presented by Trade Finance Global and ITFA
Trade finance has a significant role to play in sustainable development and ESG, which extends to addressing global challenges around climate change, human rights and biodiversity.
The banking industry is certainly making progress towards their sustainability mandates, which is no longer a ‘nice to have’, rather, a business imperative. But if we are to jointly work towards the Paris Agreement and the UN Sustainable Development Goals, raising truly understanding the benefits of sustainable trade assets, understanding the appetite from the investment community, and sharing best in class practices that are being applied locally and globally is critical.
The Panel
Johanna Wissing
Board Member, ESG, ITFA
NLN Swaroop
Director, Alternate and ESG Distribution, GTRF, HSBC, ICC Sustainable Trade Finance Working Group
Anne Maria Cronin
Director, Quarter Penny Consulting
Katharina Michael
Unicredit, ICC Sustainable Trade Finance Working Group
Moderated by Deepesh Patel, Editor, Trade Finance Global
Tradecast Agenda
In this Tradecast by Trade Finance Global and ITFA, we discussed:
- The definition of sustainable trade finance assets
- The true business benefits of sustainable trade finance
- Has the pandemic accelerated considerations for sustainability in supply chains?
- Understanding risk when it comes to environment and sustainability
- How sustainable trade finance assets are evaluated and understanding the risk
- Investment appetite towards these assets in the investment community – differentiated treatment for sustainable trade finance assets
- Education and sharing best practices within the community
- A roadmap for sustainable trade finance
575 registered attendees
2,579 video views
90 minute webinar
Streamed to LinkedIn Live
Sponsors and partners
Introduction: and definition of sustainable trade finance
- An introduction to sustainability and green finance and its relevance to international trade trade finance
- How do we define sustainable trade finance?
- Do we need to establish a common framework for sustainable trade finance?
- How does this relate to the UN sustainable development goals and climate change?
Business benefits
- What are the business benefits and rationale for sustainable trade finance?
- How do banks and corporates take a risk-based approach towards sustainable trade?
Incentives and pricing
- Should we decentivise unsustainable trade or incentivise green trade? What does that actually mean?
- How should financial institutions be promoted to grow sustainable financing? Are incentives the right model?
- Is there a consensus on this subject? What is the possible direction of travel for sustainable trade financing and its capital treatment?
Regulatory treatment of sustainable trade finance assets
- How can we bring sustainable trade finance assets to capital markets (e.g. pension funds)?
- From a secondary trade finance/distribution perspective, how do you see this market developing?
- How is trade finance uniquely placed?
Resources
Article: Leveraging credible data to monitor sustainable trade and finance
Sustainable Trade Criteria: Customer Due Diligence Guidelines (ICC)
Creating standards in sustainable trade finance
- How can we define taxonomies and mapping out standards to ensure standardisation in sustainable trade finance?
- Do these standards need to be interoperable?
- Where are we at with standards in sustainable trade finance right now, and what’s left to do?
Resources
Education and learning
- As we build a roadmap for sustainable trade finance, how can we share best practices within the trade finance community?
- Where do others sit within this broad debate (e.g. rating agencies, multilaterals, the private sector and regulators)?
Fintech, partnership and the future
- How can fintechs work to help banks lend to sustainable businesses?
Thank you to our sponsors and partners
Next webinar to be announced shortly
More from the TFG Sustainability hub
- The journey of sustainability: Industry-led action
The evolution of sustainability standards and regulations is therefore interesting to observe, particularly as the trajectory has not been traditional. Some may say climate change is a crisis, but as it’s been an ongoing process, it’s hard to identify a single date or event as a turning point. - What the NDC 3.0 guidelines mean for small businesses
The International Trade Centre (ITC), the UN agency for small businesses, has just released their NDC 3.0 guidelines. Announced yesterday at COP29 in Baku, Azerbaijan, the guidelines provide a way for countries to practically support small and medium-sized enterprises (SMEs) in achieving national climate goals. - Closer cooperation with Asian EXIM Banks is opportune for ADB
Over a dozen export credit agencies and three multilateral financial institutions are attending the forum… read more → - Landmark SME Declaration signed at COP29
You have reached the limit to read our content as a guest. Join TFG for… read more → - RBI economist highlights economic convergence and challenges in CEE region
You have reached the limit to read our content as a guest. Join TFG for… read more → - BII to unlock private capital, announced at COP29
You have reached the limit to read our content as a guest. Join TFG for… read more → - PODCAST | Unpacking the impact of the ETDA
You have reached the limit to read our content as a guest. Join TFG for… read more → - Banks and corporations respond to ICC Principles for Sustainable Trade
You have reached the limit to read our content as a guest. Join TFG for… read more → - PODCAST | Digital lifelines: How AI is strengthening global supply chains
You have reached the limit to read our content as a guest. Join TFG for… read more → - Absa signs $150m African trade finance deal with BII
You have reached the limit to read our content as a guest. Join TFG for… read more → - “A welcome respite”: Absa African Financial Markets Index 2024
You have reached the limit to read our content as a guest. Join TFG for… read more → - Sibos 2024: Creating incentives for climate resilience
Climate change is no longer an abstract future threat; it is a pressing reality with tangible effects on ecosystems, societies, and economies around the world. Businesses and financial institutions must build climate resilience in response to increasingly threatening climate challenges.
