Revision to the ITFA Position Paper on Sustainability and African Trade Finance

Further to the ITFA communication dated 28th September, we would like to make you aware that we have made some minor amendments to the positioning paper on Sustainable Trade Finance and African Trade.

Produced by the ITFA team and Kleos Advisory, this paper seeks to give an African voice to the evolving debate on sustainability standards for trade. Africa’s trade finance gap continues to widen and it is essential that new standards do not prove unworkable for African traders and make access to trade finance even harder. The paper lays out five calls for action to the trade finance sector, and we welcome your feedback on these and the issues discussed in the paper. This will be reviewed and incorporated into a full White Paper on African sustainable trade finance which will be published to coincide with COP27 in Egypt in November 2022.

The revised report can be accessed here.