Finance in Common: BU engagement on how export credit support a green and just transition
Berne Union President Michal Ron contributed a thought piece on how export credit can support a 'green and just transition' as part of a progress reported published during the 2022 Finance in Common Summit (FiCS)
In the article, Michal outlines the vital role of export credit supporting innovation, technology transfer and long-term investment in critical sectors such as energy, transportation, and infrastructure, and how, as governments around the world seek to shift their industrial strategy and export sectors towards environmentally sustainable targets, ECAs are becoming increasingly important drivers of the transition to a low carbon global economy.
"no single institution, or type of institution, will be able to solve for climate single-handedly and partnering for greater climate action is essential."
The Berne Union is delighted to contribute to this dialogue as part of our on-going engagement with FiCS on climate and green transition, including through our own Climate Working Group.
You can access the full publication via the link below.