#38 - Weekly News Digest 20240923-0929

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:

• ..Transforming Global Supply Chains: My 5 Key Strategies for Success

• The Food Supply Chain Working Group has completed a draft Blockchain Maturity Model (BMM) supplement which is ready for global public comments.

b. Trade Finance:

• Debt Distress and the Right to Food in hashtag#Africa

• Multilateralism and Global Debt Reform: Key Drivers of Sustainable Development.

• The customs knowledge gap is a barrier that impedes women from participating effectively in mining hashtag#tradefacilitation, hashtag#AfCFTA

• Understanding Electronic Records in URDTT

• Korean companies “are on course this year to register the highest number of anti-dumping cases against Chinese competitors since 2002

• Leveraging Data for Supply Chain Intelligence: The Future of Smart Logistics

• The Second Issue of CiFi 101 - The Future of Trade Finance

• Navigating the Digital Seas: The Future of Shipping is Here!

• Trade Finance Magic

• This is an excellent initiative and supports the recommendations we are making at the Trade Digitalisation Taskforce to scale up the adoption of LEIs/vLEIs to underpin and enable cross border trade and prevent fraud.

• Understanding the Role of Financial Services Providers in Digital Trade Transactions

• Energy Transition and Geopolitics Report by World Economic Forum

• https://www.linkedin.com/in/andreafrosinini/recent-activity/reactions/#:~:text=The%20Impact%20of%20Distributed%20Ledger%20Technology%20(DLT)%20on%20Debt%20Creation%20and%20Asset%20Ownership

• https://www.linkedin.com/posts/andreafrosinini_dlt-blockchain-digitalassets-activity-7244359429435887616-5SfO?utm_source=share&utm_medium=member_desktop

• Monthly TFG & ICC DSI Column - September 2024

• Revolutionising Trade Finance: The Power and Complexity of Open Account Transaction

c. Sustainability & ESG

• Ahead of COP 16, IISD and 14 other organizations have joined forces in a call to action to transform key economic sectors for biodiversity.

• Accelerating the Global Transition to a Bio-based Economy: The Strategic Role of Policy by World Economic Forum

• Navigating due diligence regulations can feel like trying to solve a puzzle. With increasing demand from companies to uphold environmental, social, and governance standards, the regulatory environment around sustainability is becoming increasingly complex.

• Simplifying the Digital Product Passport Vision with NFC" e

• eshaping how businesses interact with nature: the Taskforce on Nature-related Financial Disclosures (TNFD).

• JBM Ecolife Mobility, a subsidiary of JBM Group, has secured close to $86 million loan facility from Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB).

• How can countries and regions align policy goals with economic analysis to drive progress on hashtag#SDGs at the national level?

• Surging air freight, blank sailings, and the impending strike on the USA East Coast are all part of the impending disruptions that customers should be aware of.

• How ESG Issues Become Financially Material to Corporations and Their Investors

• Global Innovation Index 2024

• The International Renewable Energy Agency (IRENA) published yesterday an intensive report on Renewable Power Generation Costs in 2023. Released on the 25th. Sept. 202

• Corporate Environmental Due Diligence and Reporting in the EU: Legal analysis of the EU Directive on Corporate Sustainability Due Diligence and policy recommendations for transposition into national law | September 2024

• The IFRS Foundation has published a guide for companies as investors call for voluntary application of hashtag#ISSB Standards.

• The World Bank Group and the IFRS Foundation today announce their commitment to expand the coverage of their existing partnership to the adoption of sustainability standards in emerging markets and developing economies (EMDEs).

• MSCI ESG Ratings and the Cost of Capital | 2024: ESG and Climate and Energy Sector Case Studies

• In Solidarity for a Green World: COP 29 Baku Azerbaijan - November 2024

• A new multi-agency report, coordinated by the World Meteorological

• Cooler finance

• Singapore’s Approach to Food Resilience: Building Enabling Ecosystem for Novel Agrifood Technologies

• International Energy Agency (IEA) published a new report, "From Taking Stock to Taking Action"

• Social factors are just as important as climate and nature risks

• Scope 3 Emissions Data Collection Best Practices and Case Studies

• Read now: 'Factoring and credit insurance: A partnership for financial resilience', a whitepaper recently published by FCI and Trade Finance Global (TFG) .

• Malaysia Launched National Sustainability Reporting Framework (NSRF)

• With less than 1% of land used for agriculture, Singapore imports over 90% of its food.

• The Mass Timber Revolution Meets Blockchain: A Sustainable Partnership

• We have hashtag#KYC then we have hashtag#dueDiligence but we still don't have hashtag#OYT (own your truth

• ydrogen Storage Challenges and Developments

• Sustainability Leadership Survival of the Fittest: From ESG to Competitive Sustainability

• Delivering Net Zero: A Strategic Framework for Policymakers

• Managing Flood Risks: Leveraging Finance for Business Resilience in Malaysia

• Verra has launched the first public consultation on proposed updates to its Verified Carbon Standard (VCS) Program which will result in version 5 of the program. The consultation runs until November 4, 2024.

• Despite international commitments to reduce methane emissions, including the Global Methane Pledge which aims for a 30% reduction by 2030, current trends are worrying.

• Mainstreaming Food Innovation: A Roadmap for Stakeholders | World Economic Forum

Events:

• 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