A landmark deal has been struck by Organisation for Economic Co-operation and Development (OECD) countries to formally ban export credit support for unabated coal-fired power plants, but campaigners are calling for the group to widen the scope of the restrictions. Participants to the OECD Arrangement on Officially Supported Export Credits have announced that an agreement has…| Global Trade Review (GTR)
Seven European countries have formally committed to ending export finance agency support for fossil fuel projects, as efforts to curb public financing for high-emissions energy sources accelerate. Denmark, France, Germany, the Netherlands, Spain, Sweden and the UK announced a new alliance, the Export Finance for Future (E3F) coalition, following a virtual meeting today [April 14]…| Global Trade Review (GTR)
The European Commission (EC) has said it is mulling the launch of a new EU export credit facility as part of broader plans to help domestic exporters take on global competitors. The EC broached the idea for the new facility in a review into the bloc’s trade strategy in the coming years, published in February, ...| Global Trade Review (GTR)
