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UKEF joins new international alliance to help export finance reach net zero

Export credit agencies supporting billions in global trade form net-zero alliance

Dubai, 4 December 2023 – At COP28 today, eight leading export credit agencies, in partnership with the Innovation and Knowledge Hub at the University of Oxford, Future of Climate Cooperation, and the UN Environment Programme Finance Initiative (UNEP FI) launched the UN-convened Net-Zero Export Credit Agencies Alliance (NZECA), the first net-zero alliance comprising public finance institutions globally. In working to deliver net-zero economies by 2050, the NZECA will help decarbonise global trade and facilitate joint action from public and private finance. 

COP28: Triple renewables sign-ups, a no science fossils row and floating solar

COP28: Triple renewables sign-ups, a no science fossils row and floating solar
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A growing movement to finance net zero at COP28

Let’s start with a climate health check. Greenhouse gas emissions and the global average temperature are hitting new highs. Extreme weather events are occurring more often, developing faster and becoming more intense. These impacts are battering vulnerable communities. The diagnosis is poor.

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