Low Carbon Transition
Explainer Videos

Update from the NZECA on launch plans 

• NZECA acts as an access point between members and a host of climate initiatives dedicated to deliver on net-zero commitments by 2050
• Supported by GFANZand UNEP FI that unite the net-zero committed financial sector to accelerate the global transition
• The Innovation & Knowledge Hub at the University of Oxfordto provide expertise on methodology development, climate policy, export credits and global governance
• UKEF, EIFO and EKN share where they see the value-add from this initiative
• Learn more about the ‘incubation group’

Presented by Remco Fisher, Rahnuma Chowdhury, Andreas Klasen, as well as UKEF, EIFO, EKN representatives

Debrief from the participants of the UN COP27 in Egypt

• COP27 took place in Sharm El Sheik, in Egypt in November 2022
• EKN, EKF, UKEF, ATRADIUS DSB, DZ BANK and EDC representatives share their observations, experience, and next steps
• EKN highlighted the need to use financial tools that are available more effectively to address the funding and competence gaps
• EKF focused on the importance of risk sharing as decarbonization projects are getting larger and more complicated in certain industry sectors
• UKEF announced at COP27 its launch of a new debt solution to help developing countries with climate shocks
• Watch the video for topical highlights!

 Moderated by the CWG Chair, Leah Gilbert Morris, EDC

SINOSURE summarises progress on corporate strategy, green assessment, products and services, and risk management since 2020

• Introduction to different aspects of green finance and outline of targets including carbon neutrality by 2060
• Strategies adopted in pursuing low-carbon transition including differentiated Green Underwriting Policy, enhanced support for green business, and internally developed business integrated Green Taxonomy

• SINOSURE's measures in supporting green projects (USD60Bn of green exports and overseas investment, including USD25Bn MLT projects in 3 years) 
• Details on carrying out environmental and social risk management
• Examples of recently supported green projects: offshore wind power project in Portugal and waste incineration power plant in Vietnam

Presented by ZHANG Xiaoming, FU Zhe and DUO Ning

UKEF's experience in implementing TCFD reporting to disclose the climate related risks and opportunities 

• Brief introduction of UKEF and its mission to deliver export financing and insurance sustainably and at no extra cost to the taxpayer
• TCFD framework for organisations, setting out recommended disclosures for governance strategy, risk management, metrics and targets       
• UKEF’s TCFD implementation as part of the wider UK Government’s Green Finance Strategy from 2019, includes making climate related financial disclosures in UKEF 2021 - 22 Annual Report
• Benefits for implementing TCFD: supporting both domestic as well as international clients’ objectives, identifying and managing climate related risks, and assuring all stakeholders

Presented by Meg Nicolaysen

Bpifrance's environmental social and climate team present an explainer on carbon footprint assessment

• Defining carbon footprint as an indicator measuring the impact of any activity on the environment, and the GHG emissions linked to this
• The importance of carbon footprint measurement to overall climate objectives, decarbonisation strategy and international targets

• Presentation of Bpifrance's calculation methodology based on  annual emissions associated with technology, operation, duration, sectoral data and carbon intensity
• Lessons learned including avoiding double-counting, ensuring access to the most accurate data as this evolves and understanding the limits of a statistical approach

Presented by Elsa Pancek, Mathilde Moreau and Léa Fréneaux