Export finance sector could boost governments’ sustainability goals


The export finance industry is underutilized when it comes to attempts by governments to meet their commitments in the Paris Agreement and the Sustainable Development Goals. Integrating ECA activities more closely into government initiatives would strengthen efforts to meet global commitments, such as the SDGs or keeping global warming well below 1.5 ° C.

This is one of the main findings of ICC’s new White Paper on Sustainability in Export Finance, which both highlights the progress made to date but also reveals the scale of the challenges ahead. . It calls for a “whole-of-government” approach to the official funding toolkit, incorporating everything from national funding programs and bilateral DFIs to ECA funding. Such an approach would open up greater possibilities for the government given the work done by ECAs in the area of ​​sustainable development – for example by supporting the construction of affordable housing in low-income countries – and would facilitate better collaboration between departments. government agencies that are already working with the same clients. , countries and sectors.

You can read more about the report’s findings here; and download the full report here.

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