Korean agencies the Export-Import Bank of Korea (Kexim) and K-sure have combined with the Norwegian Guarantee Institute for Export Credits (GIEK) to provide financing for a North Sea Floating Production Storage and Offloading (FPSO) vessel.
Exclusive subscriber content…
If you are a TXF subscriber, please login to continue reading
Sustainability in trade has become a topic of crucial importance for all stakeholders, from financiers and multinational corporations to SME suppliers in emerging markets. New developments are enabling a greater understanding of the environmental, social and governance risks in the world’s supply chains. But translating this into action means harnessing data in new – and better – ways.
The recent ACEN ETM to retire the South Luzon coal-fired plant early attracted some controversy over its use of the ETM moniker. But the deal is more promising than was first apparent, although it may still struggle to influence transition finance outside its home market.
The LME has decided not to ban Russian metals. Is it the right move or tacit recognition that the pressures on commodities markets spawned by war, growing demand for energy transition materials and ESG compliance are becoming increasingly irreconcilable?