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), the export credit agency of the UK government, has signed a new Memorandum of Understanding (MoU) with General Electric, hinting at a new pipeline of green… 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.
Your Monday morning coffee briefing from TFG. Sixty-seven countries signed a landmark WTO deal set to cut the cost of global services trade by $150 billion per year.
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 environmental issues now a top priority for the investment world, Alastair Sewell’s undergraduate degree in biology is finally paying off.
Your Monday morning coffee briefing from TFG. COP26 wrap-up: UK vows to become the world’s first ‘net zero-aligned financial centre’. TFG launches a new Sustainable Trade Finance Hub. A new ICC report proposes the first global framework for sustainable trade and trade finance definitions. Standard Chartered launches a new Sustainable Account solution in the UK and UAE. And UK Export Finance secures 20% budget hike, expanding support for British exporters.
British multinational bank Standard Chartered has announced the launch of Sustainable Account, a new solution that enables corporate clients to contribute to sustainable development while maintaining daily access to their… read more →