ADB to devote half its lending to climate finance by 2030
ADB has approved a new goal to devote 50% of its annual lending to climate finance by 2030 and boost private sector capital mobilization as part of a sweeping strategy...
ADB has approved a new goal to devote 50% of its annual lending to climate finance by 2030 and boost private sector capital mobilization as part of a sweeping strategy...
The Delphic Oracle has spoken at TXF Global Export Finance Athens 2024 and the auguries are generally good for the export finance industry. We dig through some of the...
There’s agreement between lenders, ECAs and borrowers that sustainability needs to be at the heart of the export finance market. But they remain some distance apart on...
All geopolitical crises are not alike. The issues affecting the market in 2023 may have profound macroeconomic effects, but they have limited direct impacts on export...
Nevada Copper has filed for bankruptcy protection under Chapter 11 of the US Bankruptcy Code. The company, which owns the Pumpkin Hollow mine, will not continue...
The macro environment is still a little unsettled. So the industry is not completely willing to accept the good news on transaction volumes.
IXM’s co-head of refined-metals trading is leaving the company, the latest in a series of personnel changes at the trading house owned by Chinese miner CMOC...
The European Commission has agreed state subsidies for a range of projects aimed at using hydrogen to replace fossil fuels in tranport.Airbus, BMW and Michelin are among...
Ithaca Energy has reached an agreement with Eni regarding the upstream assets of its UK business. Under the proposed deal, Eni UK will be issued ordinary shares that...
Shell has appointed Greg Joiner to head its Shell Energy unit, which oversees renewable generation, gas and power marketing, as part of a broader reshuffle of the trading...
Steve Hill, Shell's head of LNG, natural gas and power trading, is leaving the company.Hill chose to leave, Shell said, adding he would hand over his responsibilities...
The publication of TXF Intelligence’s export finance data report for 2023 confirms the headlines – it was a very productive year for the industry. Read on to find the...
Japanese oil & gas firms Eneos and Idemitsu Kosan signed an MoU with utility Hokkaido Electric Power Company to develop a green hydrogen project with at least 100MW...
Tom Ewing has moved to Neom in the ECA financing team. He joins from Mizuho Bank in London, where he had been since January 2021 as director in the power and advisory and...
Petrobras has come back to Africa’s oil and gas exploration playground, thanks to the acquisition of interests in three Shell-operated exploration blocks located...
The Emerging Africa Infrastructure Fund (EAIF), is providing a $30 million senior secured loan facility to AXIAN Energy. This financing is part of AXIAN Energy's...
New Energy Risk (NER) and Ascend Analytics have closed an industry-first energy storage insurance policy.The policy will enable the financing of a portfolio of grid-scale...
Recent legislative developments on trade digitisation in the UK and long-awaited API standards for guarantees and standby LCs from SWIFT and ICC, have given banks the...
Tom Bartlett, CEO and director of the Board of Directors at American Tower Corporation (AMT), will retire from the company from February 1, 2024.Bartlett joined American...
What the collapse of a promising lithium acquisition says about the challenges in financing big-ticket mining assets in developed markets.