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TXF Podcast

TXF Podcast

News:Business News

CDC Group to ditch fossil fuel financing; Singapore banks in talks to tighten lending practices for troubled commodity sector; and EIB and EBRD boost financing to Romanian farmers

CDC Group to ditch fossil fuel financing; Singapore banks in talks to tighten lending practices for troubled commodity sector; and EIB and EBRD boost financing to Romanian farmers

2020-07-02
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In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:

  • CDC Group, the UK’s development finance institution, has vowed to end fossil fuel financing and support only businesses which align with the Paris Climate Agreement

  • Commodity trade financiers in Singapore are teaming up to strengthen lending practices and improve transparency in the sector following a spate of defaults at trading firms, four sources said

  • Farmers in Romania are set to benefit from improved access to finance thanks to new funds provided to Agricover Credit IFN by the EBRD and EIB

  • Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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IFC backs Ivory Coast gas-fired project financing; FinCompare ups series A funding; and Trafigura and Vitol seal debut LNG derivative contract in Singapore
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EKN pulls cover for coal deals; coronavirus set to delay $11bn Indonesian nickel projects; Maersk taps $5bn sustainability-linked loan
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Petrobras reports record 2019 profits; and ACI Worldwide and Anglo American Platinum appoint new CEOs
2020-02-21 155
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