Reuters exclusively reported that the standard-setter for global trade finance flows, the International Chamber of Commerce (ICC), has proposed a new set of rules to define sustainability in the trade finance arena, worth some $5 trillion a year. While governments and business sectors move quickly to set guidelines for some types of sustainable finance, there are no standards for trade finance. Those rules would apply to a third of global trade.
Business & Finance
Reuters reveals ICC proposes first global rules on sustainable trade finance
10 November 2021, 7:14 am 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Global
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story