#34 - Weekly News Digest 20240826-0901

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:

• What is digital transformation?"

• ASTM’s digital information in the supply chain committee (F49) has begun a review of the most commonly used supply chain glossaries to compare with the Maritime Transportation Data Initiative (MTDI) Lexicon, developed by the U.S. Federal Maritime Commission (FMC).

• Transforming Shipping with eBL & Legal Entity Identifiers (LEI)

b. Trade Finance:

• What is the renminbi’s place in global payments?

• International Chamber of Commerce India - ICC India latest white paper on Trade Finance.

• The August 2024 issue of "CiFi 101: The Future of Trade Finance"

• TFaaS: Survey reveals digitalisation’s growing impact on trade finance

• GSBN has officially joined Hong Kong Monetary Authority (HKMA)'s Project Ensemble, in collaboration with Ant Digital Technologies to explore eBL tokenisation for trade finance. Under this initiative, we have also conducted interbank atomic settlement of tokenised deposits between HSBC and Hang Seng Bank.

• Is the Fintech Revolution Leaving Some Behind?

• Strategic Approaches to Mitigate Credit Risk in Trade Finance: Tools, Techniques, and Best Practices

• Journal of International Economics, Bryan Hardy, Felipe Saffie, “From carry trades to trade credit: Financial intermediation by non-financial corporations”

• Two key aspects of digitalisation that are at the heart of shipping operations are documentation and payment solutions. These two aspects play a critical role in the seamless movement of goods globally.

c. Sustainability & ESG

• ESRS Set 1 XBRL Taxonomy from EFRAG,

• Without nature, we have nothing. Without nature, we are nothing."

• Assessing Impact of Low Carbon Hydrogen Regulation in the EU."

• Transforming Africa's Future, Through the Great Green Wall Initiative

• Empowering SMEs for a Sustainable Future

• Based on the "Cacao content", we will introduce the rules of origin where "CC" and "CTSH" vary.

• While many banks now publish transition plans, large differences exist in terms of scope, target-setting methods and the measurement of misalignment with climate goals, say Gaston Bronstering and Gerdie Knijp of the Sustainable Finance Lab.

• The Status of CCUS in France: Present & Future Opportunities by Global CCS Institute and GE Vernova July 2024

• Fair and competitive food markets are crucial to achieving a world without hunger, a fundamental goal of the 2030 Agenda for Sustainable Development.

• Strengthening the Integrity of hashtag#CarbonMarkets through Article 6

• This year’s edition of the World Energy Investment provides a full update on the investment picture in 2023 and an initial reading of the emerging picture for 2024

• Where do pledges to end international public finance for fossil fuels stand a year after the Clean Energy Transition Partnership deadline?

• The hashtag#FinanceProsperity report examines the strength of financial sectors in emerging markets and developing economies (EMDEs).

• Design for sustainability

• The conventional production process used to create ammonia is carbon-intensive, accounting for approximately 1% of total Co2 emissions. Using alternative green processes across large industries, such as agriculture, could have an impact on global emission reductions.

• [Corporate social responsibility and firm resilience 4/4]

• Food Security in Africa: Unlocking the Power of Forgotten Foods

• KONGSTEIN floating offshore wind lead

• New Release Alert: Open Standards for Conservation, Version 4.0!

• Organizing Sustainable Development

• 2024 Technology Compendium of the overall landscape of CCS technologies.

• International Renewable Energy Agency (IRENA) published Investment Opportunities for Solar and Wind in Mali August 2024

• Who on Earth Is Using Generative AI?

• Corporate social responsibility and firm resilience 4/4]

• Onboard Carbon Capture OCC" for the shipping industry Onboard carbon capture (OCC) can be a technically feasible option for reducing emissions and could be commercially attractive if the right regulatory and market drivers are in place.

• YouthMappers are trained in digital mapping skills that lead to jobs in technology

• In the ever-evolving landscape of renewable energy, underground hydrogen storage (UHS) has emerged as a pivotal solution to the intermittency of wind and solar power. This study explores the integration of green hydrogen storage in hybrid energy systems, highlighting the following key insights and opportunities

• Market Creation for Climate-Friendly Basic Materials

• The emerging international trade in hydrogen: Environmental policies, innovation, and trade dynamics by Werner Antweiler David Schlund

• Ten years ago, the EU established the Single Supervisory Mechanism (SSM), primarily targeting banks operating within the euro area, though accessible to all Member States.

• Scenarios for Assessing Climate-Related Risks.

• Creating markets for climate-friendly basic materials

• AMMONIA TO GREEN HYDROGEN PROJECT (Feasibility Study

• Progress Report of the hashtag#ClimateSecurity Mechanism. Climate security is emerging as a key development challenge globally, requiring new approaches to understand how climate change impacts peace and stability, and ensuring that it does not lead to conflicts or worsen existing ones. The Climate Security Mechanism is a joint initiative by UNDP, the UN Political and Peacebuilding Affairs (DPPA), the UN Environment Programme and the United Nations Peacekeeping, which supports United Nations agencies and governments in addressing issues around climate change, peace and security. Check out key highlights from the past year and learn more at: https://bit.ly/4dCg3gY

• hashtag#EUDR Alert for Smallholders

• Third-country carbon pricing under the EU CBAM

• Standard Chartered launches ESG-linked cash accounts for corporate clients

• the impact of a large-scale unconditional cash transfer program in Mali on child schooling.

• As per a recent ECB study, more than half of the hashtag#banks (55%) are now provisioning for hashtag#climate and hashtag#environmental (C&E) risks, from 16% a year ago.

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