To effectively address climate action and build resilience in Mongolia, attention must be directed to three critical areas: livestock, forests, and water. These sectors are central to the Government of Mongolia’s ‘Vision 2050’ initiative, particularly its pledge to “protect the planet Earth and its pristine nature”.

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.

Businesses trying to navigate the turbulent waters of international trade during current storms can afford neither starry-eyed idealism nor the comfort of theoretical abstraction.

At the 56th Annual FCI Meeting in Seoul, Deepesh Patel, Editorial Director at Trade Finance Global, was joined on Trade Finance Talks by Steven Beck, Head of Trade and Supply Chain Finance, Asian Development Bank to discuss the role of MDBs in the facilitation of trade and supply chain finance. 

Arab Coordination Group collectively allocated approximately $17 billion to finance nearly 500 projects in over 90 countries.

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

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

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

Learn how IFC and DBS Bank are bridging the global trade finance gap and supporting trade financing in emerging markets.

Understand the implications of the UK’s proposed Carbon Border Adjustment Mechanism (CBAM) for sectors like iron, steel, cement, and more.