EXPLORE WORK
Work

Sustainable Shipment Letter of Credit

Client Large European Metropolis, National Promotional Bank

NARRATIVE DESCRIPTION OF THE PROJECT

FINANCE FOR IMPACT’s Managing Director Thierry Senechal participated in the University of Cambridge Banking Environment Initiative’s Working Group to develop a solution by which internationally recognized social and environmental standards can be integrated in financial instruments (e.g. Letter of Credit) supporting international trade. This project provided solutions to incentivize sustainable commodity trade.