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Global Risk Atlas



Exporters across the world are facing a combination of risks: inflation, debt, climate, demographics and geopolitical conflicts to list a few. In this context, Credendo in partnership with Trends/Trends-Tendances and the Economist published a Global Risk Atlas at the end of 2022.

Risks related to geopolitics, the debt crisis and climate change are particularly acute and unlikely to abate any time soon.

Find the programme below (from 4 p.m. to 5 p.m. CET):
> Welcome and Introduction
by Group Deputy CEO of Credendo Nabil Jijakli and webinar moderator Björn Crul

> Geopolitical risks: The Russian invasion of Ukraine has brought war back to Europe. This has not only profound consequences on security risks, but also a far-reaching impact on global economy, energy and politics. Another key geopolitical risk is the intensifying power struggle between China and the USA over Taiwan. Those two conflicts and their actual and potential associated risks will have wide ripple effects on the world economy and the new world order.
by Country and Sector Risk Analyst Raphaël Cecchi and Country and Sector Risk Manager Pascaline della Faille

> Debt sustainability risks: The high level of indebtedness of some low- and middle-income countries has become particularly worrying. After expanding their external and public borrowing for years, several countries are now defaulting on their public debt, as most recently Ghana. Other countries could follow amid the deteriorating global financial conditions and complex geopolitical environment and provoke a wave of complex debt restructuring.
by Country and Sector Risk Analyst Louise Van Cauwenbergh

> Climate change risks: The intensification of natural disasters has severe consequences on economies but also leads to social instability and increases conflict risks. As the official Belgian export credit agency, Credendo is supporting Belgium’s commitment towards the clean energy transition with a series of initiatives.
by Group Deputy CEO of Credendo Nabil Jijakli

> Q&A session

Registration Form


Group Deputy CEO

Nabil Jijakli

Group Deputy CEO @ Credendo

Nabil Jijakli is Group Deputy Chief Executive Officer of Credendo and of Credendo – Export Credit Agency. Before joining Credendo in 2010, Nabil Jijakli worked for 21 years at the National Bank of Belgium (Belgian central Bank), where in his last position he was the Secretary General of the Financial Stability Committee (2007 – 2010) during the financial crisis. He has been also responsible for the coordination of the euro introduction in Belgium (1997 – 2003) and has worked for three years as expert at the European Commission (2004 – 2007) to prepare the euro changeover in the new member states.

Risk Analysts

Pascaline della Faille

Country and sector risk manager @ Credendo

Pascaline della Faille joined Credendo in 2009. As Country and Sector Risk Manager, Pascaline is responsible for monitoring various emerging countries and managing the team of country and sector risk analysts. 

Raphaël Cecchi

Senior Country and Sector Risk Analyst @ Credendo

Raphael Cecchi is the Asia expert within Credendo. In the framework of the OECD, Raphael is part of the Country Risk Experts Group for Asia. He is also the expert for the Balkan countries and has expertise in geopolitics and climate risks.

Louise Van Cauwenbergh

Senior Country and Sector Risk Analyst @ Credendo

Louise Van Cauwenbergh maintains Credendo’s acceptance policy towards countries in Sub-Saharan Africa through macroeconomic analyses based on quantitative models. In the framework of the OECD, she is part of the Country Risk Experts Group for Sub-Saharan Africa.


Björn Crul


Björn Crul is a business journalist, working for Belgian media such as Kanaal Z/Canal Z. He is founder and managing director of The Content Company, which produces written and audiovisual content for B2B customers, public institutions and non-profit organisations.