UKEF targets net zero emissions by 2050

The export credit agency has committed to making all of its £50 billion capacity carbon-neutral by 2050 on a net basis

‘First ever’ £430m government-backed green transition loan announced

Wood plc will receive the loan to increase clean growth exports, green jobs and take advantage of the energy transition

UK Export Finance allocates £2bn for clean growth projects

The export credit agency’s direct lending facility has been more than doubled to £8 billion by Chancellor Rishi Sunak

Solarcentury secures £47.6m for major renewable projects in Spain

The subsidy-free plants will together generate enough electricity to power more than a quarter of a million homes every year

UK commits £230m for offshore wind farm in Taiwan

The project supports Taiwan’s target of generating 20% of its electricity from renewable energy sources by 2025

UK pledges export support for global climate change adaptation

International Trade Secretary Liam Fox also announced an agreement between UK Export Finance and AECOM to promote the nation’s expertise in climate resilience

UK supports power plant refurbishment in Iraq

Siemens has won a contract to upgrade one of the four 320MW turbines

UK provides £770m for two new power stations in Iraq

GE Grid Solutions will also develop 14 substations under an agreement with Iraq’s Ministry of Electricity

MPs launch inquiry into UK Export Finance’s fossil fuel investments

The Agency is estimated to have provided £551m per year in support of fossil fuel production overseas between 2014 and 2016

Barclays launches Green Trade Loans

Qualifying activities for funding include energy efficiency, renewable energy, green transport and waste management projects