"Remember the 'S' in ESG – Making Sustainable Trade Finance Appropriate to Africa” and "In the Past and to the Future – Growing African Resilience to Seize Future Opportunities"
Simon Cook and Mark Norris will participate in separate panel discussions titled respectively "Remember the ‘S’ in ESG – Making Sustainable Trade Finance Appropriate to Africa," and "In the Past and to the Future – Growing African Resilience to Seize Future Opportunities" at GTR Africa - 2022 London on November 2, 2022.
Increasing tensions are brewing between the "social" and the "environmental" where sustainable trade finance offerings are placed in an African context. Simon Cook will participate in a panel that will examine the potential constriction of financing opportunities available to local banks, businesses and industrialisation projects, what more financiers can do to build a more nuanced approach to African lending, ensuring opportunities to deliver on the ‘social’ pillar of ESG are not inhibited by off-continent environmental criteria, which may ultimately risk a widening of the African trade finance gap.
The final session of the day, in which Mark Norris will participate, will look at the role governments, financial institutions, corporates and export credit agencies (ECAs) play in allocating the necessary resources to achieve inclusive social and economic resilience across African supply chains. The session will look at changing bank appetites, tax, legal and labour regulations, and the increasingly significant role of ECAs as countercyclical actors tasked with providing support and facilitating economic growth.
Further details are accessible here.