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The chart below shows the aggregated value in billions from 2016; it appears that JP Morgan is the biggest lender of the sort, with over $250 billion, followed by Wells Fargo and Citigroup. Many banks, including HSBC, are starting to review their strategy and want to select their loan clients with a strong emphasis on sustainability. 

Assuming an impending commodity supercycle, copper could continue to its hot run into new unbound territories. Copper prices have leapt 67% over the past year to about $9,100 a metric ton on the London Metal Exchange. Goldman Sachs Group sees them hitting an all-time high of $10,500 in the next 12 months, in part because the energy transition will require metals that store and transmit power. Did you know Global X has a copper miner ETF ? Source: WSJ

Global food prices rose 2.4% in February, their 9th consecutive rise. Once adjusted for inflation, prices are at their highest since 2014. Cereals, vegetable oil and sugar have spiked. 

This year’s surge in oil prices should mean the number of rigs will continue to climb from its historic lows, particularly as closely held operators take advantage of higher revenues. But even if drilling expands at a much more aggressive pace than companies are promising, it will be a long time before U.S. shale production reaches its peak again, according to a projection by ShaleProfile Analytics. If the rig count doubled by the end of the year and then holds flat, it would take until the end of 2022 before the industry regains the production it lost during the pandemic, the projection shows. Source: Bloomberg

Gold bullion has dropped nearly $400 an ounce since its high last August. Shares of gold mining companies have dropped even more in percentage terms: The VanEck Vectors Gold Miners ETF GDX has dropped 29% since August. The graph shows the average recommended gold market exposure level among short term gold timers. The plot rose to a high 84% in August but has fallen 40% since. Source: thestreet.com