#26 - Weekly News Digest 20240701-0707

This weekly news digest is created by community members in the Hyperledger Supply Chain and Trade Finance Special Interest Group as a way to keep people up to date on the latest developments in this space.  If you have news to share that you would like to let the group know about, please feel free to edit this wiki page or join one of the upcoming group meetings and share your news with other group members.

News:

a. Supply Chain Management:

• A Metric of Global Maritime Supply Chain Disruptions: The Global Supply Chain Stress Index (GSCSI) (English)

• BSCA Magazine for 2023

• We’re thrilled to share that COSCO SHIPPING Lines, in partnership with GSBN, has issued their first blockchain-certified Hi-ECO green shipping certificate for their customer BOE Technology Group Co., Ltd.

• Food systems are broken — What’s causing resistance, and who are the key players?

b. Trade Finance:

• How do Treasury dealers manage their positions?

• Trade for prosperity

• The United Nations Commission on International Trade Law (UNCITRAL) adopted the UNCITRAL Model Clauses on Specialized Express Dispute Resolution (SPEDR) (the “SPEDR Model Clauses”) on 1 July at its 57th session in New York.

• New whitepaper addresses working capital management amid economic shifts

• Fintechs have made progress in improving their profitability, but still more than half of the top 70 public fintechs are not turning a profit.

• Important Q&A with Roberto Leva and Ilona M. about Trade Finance Sustainability Reference Note ADB-IFC published last week to help the market (i) converge on what's sustainable trade finance and (ii) originate/support more sustainable transactions.

• Industry Insight: The Shifting Dynamics Between Commodity Traders and Banks

• UN Trade and Development highlights a notable shift towards loans in gender-related aid. In 2012, they made up just 5.4% of such aid.

• UN Trade and Development's Annual Report 2023 showcases the organization's resilience and adaptability in addressing global challenges.

• The IFC - International Finance Corporation) and Deutsche Bank have unveiled a new €215mn risk-sharing facility aimed at bolstering trade finance in Africa.

• Training on Mine Closure and Rehabilitation in Senegal

• hashtag#WCO publishes in-depth study on the cumulation of origin: Just released. The World Customs Organization has published an in-depth study on the cumulative rules of origin available in both English and French.

• Trade's choking hazards

• Warehouse Receipts gets its Model Law – UNCITRAL/UNIDROIT

• Global trade trends turned positive in the first quarter of 2024, according to the latest Global Trade Update from UN Trade and Development, launched today.

• Aid for Trade in action

• Global Trade Update: Key Highlights and Trends for July 2024

• On the Silk Road's Footsteps: When BRICS Weave a New Web of Values

• CredAble, a leading FinTech specialising in working capital financing, has announced the launch of its new product—Revolving Short-Term Loans, as part of its new MSME lending vertical.

c. Sustainability & ESG

• Developing a National Green Taxonomy guide by The World Bank

• Green Truth

• Verra Inactivates Nitrogen Management Methodology

• Empowering Small Island Developing States: Scaling Up Renewable Energy for Resilient Economic Growth

• An estimated annual investment of US$700 billion is needed to achieve the long-term goals and short-term targets of the Global Biodiversity Framework (GBF). Between now and 2030, wealthy nations currently plan to provide only US$30 billion annually to economically developing countries to support GBF implementation.

• The European Sustainability Reporting Standards (ESRS) define the rules for hashtag#SustainabilityReporting under the Corporate Sustainability Reporting Directive (CSRD).

• Reducing sectoral hard-to-abate emissions to limit reliance on carbon dioxide removal

• The hashtag#CSDDD has been officially published!

• New content alert: Monitoring, Evaluation and Learning (MEL) for National Adaptation Plan (NAP) processes

• Watch NAP Global Network's webinar on how governments can design and implement their NAP process in a way that responds to peace and conflict dynamics.

• Natural infrastructure in action as floating treatment wetlands were installed this week at the water retention pond outside the Rural Municipality of Springfield office in Oakbank, Manitoba.

• Developing countries urgently need enhanced support to navigate the turbulent landscape of global trade.

• Guarantee platform now live

• We are pleased to share that the Rahima Bay Sustainable Wetlands and Mangrove Conservation (RB-SWAM) project by Saudi Aramco has successfully completed validation and is now officially registered with ICR.

• How to design and implement corporate biodiversity and nature Action?

• The hashtag#CSDDD is officially published!

• ISO standarrds related to ESG

• Nature-related Financial Risks

• Gold Standard-issued Verified Emission Reduction (VERs) are eligible for use under four national carbon taxes globally, allowing companies to use VERs to meet some or all of their tax compliance obligations.

• Opportunities for Hydrogen in ASEAN's Industry Sector!

• GREEN HYDROGEN FROM OFFSHORE WIND

• Imo Joins Enugu, Ondo and Ekiti in gaining Regulatory Authority Under the Electricity Act 2023

• NGFS does not do justice to the climate transition

• Top Carbon Pricing Types for a Sustainable Future

• Energy security is vital for any nation's socio-economic development.

• Egypt’s Fertilizer Producers Halt Operations Amid Gas Crisis

• Understanding the CALI Methodology: A Comprehensive Guide for Landscape Interventions

• Rating abstract

• Deutsche Bank issues inaugural €500 million social bond

• For the Anishnaabe, wild rice holds important cultural significance: it’s a gift from the creator that’s alive and interwoven with their identity, journey and relationship to the land.

• CarbonChain, a leader in digital solutions for environmental compliance, announced three updates to its platform, designed to assist manufacturers in metals and energy sectors with enhanced, cost-effective carbon reporting capabilities.

• Invest in Biochar Projects: The Smart Path to Net Zero

• Green Hydrogen: Powering India's Sustainable Future

• Edinburgh Napier University and UN-Habitat (United Nations Human Settlements Programme) are collaborating once more. We have just launched a Call for Input to identify best practices in people-centered hashtag#SmartCityProjects implemented across various regions worldwide. The objective is to better understand their driving forces and the obstacles they have encountered.

• The IFRS Foundation and EFRAG recently published material about how a company can apply both hashtag#ESRS and the hashtag#ISSB Standards.

• EU's bold step towards a greener future

• AGRIS - International System for Agricultural Science and Technology

• Underground Storage Roadmap

• Raceway Ponds Construction: Cost-Benefit Analysis for Microalgae-Based Wastewater Treatment

• ISSB announces moves to consolidate reporting of emissions and transition plans

• Verra's Statement on the New CCQI Scores for REDD Credits

• 2024 REPORT TO CONGRESS ON POWER AFRICA’S ENERGY SOURCE ANALYSIS under the Department of State, Foreign Operations, and Related Programs Appropriations Act, 2024

• Guide for cities

• The Taskforce on Nature-related Financial Disclosures (TNFD) has released new guidance for banks and other financial institutions on implementing the TNFD Recommendations, along with sector-specific guidance for eight real economy sectors on applying the LEAP approach.

• The emerging hashtag#themes were formulated by performing a thematic analysis of recent aviation hashtag#decarbonization investigations reported from February 2018 to February 2023 in the Financial Times (FT).

• Integrity Council Announces First High-Integrity CCP-Labeled Carbon Credits

• Innovative Shipping Strategy Reduces Carbon Emissions by Over 17%

• China’s New Carbon Rules

• https://www.linkedin.com/pulse/navigating-future-oil-economic-impacts-path-net-zero-2050-babbage-ipbff/?trackingId=mk7JShm5DVTn%2F5J%2BCc%2BueQ%3D%3D

• New research reported by hashtag#Tridge reveals that Brazil could increase its soybean planting areas by 36.6 million hectares, which is an 80% growth potential, by occupying degraded pastures.

• The Australian Government has announced that it will invest in a Future Made in Australia plan.

• FREE manual for hashtag#biochar carbon removal crafted by International Biochar Initiative & Hamerkop Climate Impacts!

• Why direct air capture is key to carbon removal – and how ceramics can solve the scale-up challenge

• Accelerating the tech-driven bioeconom

• Use of fertilisers in EU agriculture down 10% in 2022

• A new Perspectives Climate Group study funded by Carbon Market Watch finds that despite improvements over the last year, Indigenous Peoples and local communities affected by carbon market projects still do not have access to appropriate recourse from most of the voluntary carbon market standards.

• Greetings, friends, partners, and readers! We've been busy building behind the scenes over the last few months, implementing product updates, onboarding forest projects from six continents, and growing in our partnerships and network.

• hashtag#genderequality hashtag#strategy | 2022-2025 > By UNDP

• Moody's and MSCI announce strategic partnership that sees the companies share company analytics and ESG scores

Events:

• Sept 9-11, 2024: ASCM Connect 2024, Austin, TX

• Sept 16-18: Linux Foundation Open Source Summit Europe, Vienna, Austria. Includes a "SupplyChainSecurityCon" track.

• Sept 29-Oct. 2, 2024: CSCMP’s EDGE Supply Chain Conference & Exhibition, Nashville, TN

• Nov 19-21, 2024: Future of Freight Festival, Chattanooga, TN

• Feb 10-12, 2025: Manifest, Las Vegas, NV