Telecom Italia set for €750m ECA-backed loan
Telecom Italia (TIM) is set to receive a €750 million ($884 million) syndicated loan backed by Italy's export credit agency...
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.