The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
ESG

Transitioning trade finance is ESG’s biggest challenge

If the market for sustainable finance is ever to achieve true scale, it needs to crack the tough nut of sustainable trade finance solutions.

See also

When it comes to sustainability, trade finance has been relatively slow off the mark. While an ever-expanding range of products has captured the wallets and imaginations of bond buyers and corporate lenders, sustainable trade finance transactions have been few and far between.

As transaction bankers are quick to point out, that represents a big, missed opportunity.

“The urgent need in sustainable finance is to achieve scale,” says Viktor Ivanov, head of sustainability for transaction banking in Europe Middle East and Africa at BNP Paribas.

“Sustainable bonds and loans are growing steadily but remain a fraction of what is needed to meet the goals of the Paris agreement. We have to move towards a broader range of solutions, which includes trade finance.”

Pradeep Nair, head of structured solutions at Standard Chartered, puts it more bluntly.

“Global

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree