One year on: How UK Export Finance is ending support for fossil fuels projects overseas

clock • 5 min read

UK Minister for Exports Mike Freer explains how the UK's export credit agency has been working to meet its commitment to end financial support for fossil fuel projects abroad

Just over a year ago, the UK ended financial support for fossil fuel projects overseas. As the first country to historically cut all ties, it was a pioneering step for the government's export credit agency,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Politics

'The UK's climate leadership matters': Keir Starmer hits back at Tony Blair's criticism

'The UK's climate leadership matters': Keir Starmer hits back at Tony Blair's criticism

In 3,000-word riposte the Prime Minister argues North Sea oil and gas is a 'depleting resource' and that the government’s clean power drive is helping to boost energy security

Michael Holder
clock 29 May 2026 • 3 min read
Poll: Views of Reform UK voters at odds with party's pro-fracking stance

Poll: Views of Reform UK voters at odds with party's pro-fracking stance

Survey reveals majority of Reform supporters are in favour of renewable energy, despite the party pledging to axe clean energy policies and pushing for shale gas fracking in the UK

clock 29 May 2026 • 4 min read
Labour's commitment to net zero is unwavering, but leadership woes will bring policy uncertainty

Labour's commitment to net zero is unwavering, but leadership woes will bring policy uncertainty

The government's rival factions are all firmly committed to rapid decarbonisation and energy independence, but they are floating different policy approaches

James Murray
clock 14 May 2026 • 7 min read