Article
The Greening of Export Credit Agencies - ECA's, banks and insurers discuss environmentally reponsible financing
70 senior staff from Export Credit Agencies (ECAs), banks and insurers - which facilitate USD billions of trade annually - are gathering in Paris today. They are meeting under the auspices of the United Nations Environment Programme (UNEP) to explore how to further "green" their operations. The two day workshop, hosted by the French ECA, Coface, is, for the first time, bringing together ECA underwriters, private sector financiers, environmental experts and the United Nations, to discuss environmental issues relevant to finance. In particular, the meeting will look at how to facilitate the implementation of project screening - already adopted by many of the respective institutions.