Green finance set to blossom in the GCC, says S&P Global Ratings’ Timucin Engin for Renewables Investor

Writing for Renewables Investor, Timucin Engin, Senior Director, GCC Region at S&P Global Ratings, considers the growing support for sustainable finance across the Gulf Cooperation Council (GCC).

While the green bond market in the GCC is still in its infancy, Engin argues that the region’s huge investment in renewables – which serves both to alleviate the pressures of falling oil prices and further promote sustainable practices among GCC members – could spur transactions funded via green finance.

To read the article, please click here.

S&P Global Ratings’ Abhishek Dangra gives an overview of green finance development across India in interview with T&D India

In an exclusive interview with T&D India, Abhishek Dangra, Infrastructure Sector Lead, SSEA, S&P Global Ratings, considers the outlook for India’s green finance market over the coming years.

“India has pledged to have 40 per cent of installed generation capacity by 2030 to come from renewables”, explains Dangra. “As such, green financing options have begun to pique interest from the Indian market.”

This rings true of Parampujya Solar Energy, a subsidiary of Adani Green Energy Ltd., who recently proposed US$500 million in green bonds to finance and refinance its solar power plants and related transmission structure. The proposed issuance received an S&P Global Ratings’ Green Evaluation score of E1/90, the highest on a scale of E1-E4. This evaluation also marks S&P Global Ratings’ first Green Evaluation in India.

For more information on S&P Global Ratings’ Green Evaluation, please click here. To read the full interview in T&D India, please click here (p.20).

BNY Mellon’s Arnon Goldstein and Joon Kim delve into Asia’s trade potential for The Asian Banker

Despite global trade facing a multitude of challenges, including U.S.-China trade tensions and increasing protectionist policies, Asian trade remains robust. Writing for The Asian Banker, BNY Mellon’s Arnon Goldstein and Joon Kim discuss the resilience of Asian trade and Asia’s position as not only an anchor, but an engine, for global trade.

According to Goldstein and Kim, as Asia’s import and export markets strengthen and countries such as Vietnam pick up the baton from China as key low-end manufacturers, while China moves to a more consumer-driven economy, Asian trade is well positioned to continue flourishing.

 

 

To read the full article, please click here.

BNY Mellon examines Peru’s regtech landscape in Semana Economica

Faced with growing compliance pressures, banks are beginning to take serious note of the digital solutions becoming available to help navigate the heightened regulatory environment. In an article for Semana Economica, Mariel Garcia, Country Executive, Peru, LatAm Treasury Services, BNY Mellon, discusses how regtech has the potential to transform existing processes; the steps that the Latin American financial sector could take to best harness its capabilities; and how Peru can get involved.

To read the article – written in Spanish – please click here (please note, subscription to Semana Economica required)

S&P Global Ratings’ Julyana Yokota reviews Latin America’s changing infrastructure landscape for Brink News

In a commentary for Brink News, Julyana Yokota, Director of Infrastructure Ratings at S&P Global Ratings, highlights the geopolitical and regulatory risks that are driving a shift in investor sentiment towards Latin American infrastructure.

Yakota considers Brazil, Mexico and Argentina individually, alongside the broader regional landscape, stating that “credit conditions have significantly improved…particularly with regard to utilities’ regulatory stability and transparency.”

The full commentary can be found here.

RedRidge Diligence Services explores the latest trends in trade and project finance due diligence in TXF

Growth in regulation impacting lending, along with rapid globalization have put pressure on capital providers’ due diligence capabilities. Pair this with the inherent complexity of trade and project finance transactions and it is clear why many capital providers are now choosing to outsource their due diligence. Matt Reed, Associate Director at RedRidge Diligence Services, explains the trends in the sector.

Read the full article here

Crown Agents Bank’s David Bee explores how technology can help investors navigate Africa’s currency market

As the appetite for foreign direct investment (FDI) in Africa intensifies, currency illiquidity and volatility stand as potential barriers to growth. In an article for The Global Treasurer, David Bee, Head of Global Markets at Crown Agents Bank, explores how new, innovative technologies – such as EMpowerFX – can begin to offset Africa’s currency concerns.

Please click here to read the full article.

 

CAB launches its new video

Crown Agents Bank’s new video made its debut at the Treasurers Roundtable Annual Conference in Washington DC last week.

Moorgate was involved in all stages of the production.