Wood 'expanded oil and gas business after £430m green transition loan'
International engineering company Wood Group has expanded its oil and gas business and shrunk its renewables operations after receiving...
Sustainability represents the challenge of our lifetime, but for export finance, it is the biggest opportunity today.
Export finance is a microcosm of the whole economy and all of society, with goods and projects from all over the world covered by ECAs. Our industry has contributed to creating growth for exporting nations, while helping to move importing countries out of poverty. Historically export finance supported the spread of conventional energy and building vital infrastructure; while in recent years renewable technologies have increasingly dominated the agenda.
As societies and economies move to transition to greener technologies and more resilient infrastructure, it is therefore natural that export finance is in turn also proportionately be used for such purposes.
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