BII and ADB Trade and Supply Chain Finance Program sign $100m risk sharing agreement to promote green trade in Asia, including Vietnam

British International Investment Vietnam

BII and ADB forge partnership to increase access to finance to facilitate trade of green goodsThe risk sharing agreement will help international banks increase financing support to local banks in South and South East Asia, starting off in VietnamThe collaboration addresses demand for longer-tenor finance to support climate related projects particularly within the renewable energy sectorwhich has raised over $16 billion to empower women's economic development.The company has investments in over 1,470 businesses across 65 countries and total assets of £8.1 billion.For more information, visit: www.bii.co.uk | watch here.Follow British International Investment on LinkedIn and X.

About Asian Development Bank's Trade and Supply Chain Finance Program

The Asian Development Bank (ADB) supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.TSCFP works to make global trade and supply chains green, resilient, inclusive, transparent, and socially responsible.TSCFP empowers countries to meet the Sustainable Development Goals by closing market gaps through guarantees, loans, and knowledge products.Since 2009, the TSCFP has supported $57 billion in trade across 45,510 transactions (60 per cent SME-related).In addition to delivering guarantees and loans to close trade finance gaps, ADB's Trade and Supply Chain Finance Program (TSCFP) has a history of delivering transformative initiatives: ADB's Global Trade Finance Gaps Study; The ICC Trade Register; Deep-Tier Supply Chain Finance White Paper; Digital Standards Initiative.For more information, visit: https://www.adb.org/what-we-do/trade-supply-chain-finance-program.Follow ADB TSCFP on LinkedIn.

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