DBS’s latest offering provides working capital solutions for clients with EUA inventories and suggests strategies for these companies to manage financial risk associated with EUA inventories.
DBS, on Sept 24, announced the launch of a suite of financing and hedging solutions designed to help companies better manage their climate obligations under the European Union Emissions Trading System (EU ETS). This makes DBS the first Southeast Asian-headquartered bank to offer such solutions. The EU ETS, the world’s first carbon emission trading scheme, seeks to encourage the adoption of low-carbon technologies.
Structured by DBS’s emissions reduction business, the solutions provide companies with stable and cost-effective access to emission allowances, known as EU Allowances (EUAs), used in the EU ETS.
