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UK Export Finance

Policy

'A quantum leap for climate action': UK pledges to end support for overseas oil and gas projects

Prime Minister announces UK will cut off all taxpayer support for new overseas oil, gas, and coal projects ahead of COP26, in move that has been applauded by campaigners, economists, and opposition parties

clock 11 December 2020 • 8 min read

Policy

Report: UK Export Finance could create 42,000 jobs if it dumps fossil fuels for clean energy

Government export finance agency's ongoing support of oil and gas projects overseas is harming the environment, tarnishing the UK’s reputation as a climate leader, and limiting its potential to create jobs, according to a new analysis published today...

clock 15 October 2020 • 4 min read

Energy

UK provides £27m green loan to solar-powered water project in Ghana

Direct loan from UK Export Finance aimed at supporting Aqua Africa project that will provide clean drinking water to rural communities in Ghana

clock 29 August 2020 • 3 min read

Policy

'Opportunity to reboot': Moderate Conservative MPs serve up green recovery policy menu

One Nation Conservatives group of more than 100 MPs call for 2030 fossil fuel car ban, carbon tax and tree planting funding

clock 13 August 2020 • 5 min read

Politics

Reports: Government mulling review of support for overseas oil and gas projects

Reports suggest Boris Johnson keen to end UK loan guarantees for oil and gas projects overseas amid reputational concerns for the UK ahead of COP26

clock 27 July 2020 • 4 min read

Infrastructure

'Supporting stranding': UK Export Finance accused of funding oil projects in defiance of Paris Agreement goals

New analysis from Carbon Tracker warns UK government financing for upstream oil and gas projects in Brazil and Ghana is 'failing the Paris test'

clock 12 June 2020 • 3 min read

Investment

Government pledges £2bn export finance for overseas 'clean growth' projects

Move follows criticism from MPs over levels of support UK Export Finance has given to fossil fuel projects in low and middle income countries in recent years

clock 13 March 2020 • 2 min read

BusinessGreen

Could Brexit Britain let EV manufacturing opportunites slip through its fingers?

Major new report urges policy-makers to embrace demand- and supply-side incentives to drive EV innovation and manufacturing in the UK, or risk trade frictions driving economic and environmental opportunities overseas

clock 13 February 2020 • 5 min read
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