It is hard to imagine that something covering 71% of the earth’s surface is often on the back burner of ESG materiality and management. However, this is the case when it comes to ocean protection.
“Impacts of the trade war are just about to unfold, and some are not erasable by whimsical policy changes. It is complacent to assume there will be no structural consequence.”
Until very recently, the US dollar (and US capital markets) seemed to reign supreme. The dollar has increasingly dominated as the currency of global transactions. Swift payments denominated in dollars rose from just over 30% of the total in early 2010 to an all-time high of 50.2% in January 2025.