Is the Danish export credit agency punching under its weight? EIFO CEO Peder Lundquist discusses how the ECA is evolving its unique model post-merger, upping its emphasis on critical minerals in Greenland and increasing engagement in Africa, all while keeping its focus on sustainable projects.

Untied export finance volumes dropped significantly in 2025 compared to recent years despite a vintage year for ECA business. Is the fall in activity anomalous, cyclical, or symptomatic of a change in the pitch of ECAs and banks?

TXF spoke with Sang-Jin Ju, KEXIM’s executive director of project finance, to outline the ECA’s activity and how its adapting support to Korean EPCs in overseas PPP markets amid increased competition from Turkish, Chinese and Indian contractors.