Export credit agencies (ECAs) in the EU have been given until the end of next year to set deadlines for ending support for the fossil fuel sector, as the bloc calls for a ban on export credit support for fossil fuels at the OECD. In a statement released following a meeting of EU finance ministers…| 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 Union has launched an inaugural risk-sharing facility for the export credit industry, with an initial €300mn pilot aimed at boosting SME exports to buyers in war-torn Ukraine.| Global Trade Review (GTR)