A sustainable and climate-friendly formation of export financing.
Statement of principles on sustainable and climate-oriented
Federal Minister Peter Altmaier discussed the issue of sustainable and climate-oriented export finance with his counterparts from Denmark, the United Kingdom, the Netherlands, Sweden and Spain during a virtual conference in April 2021. The focus was on increased efforts to foster exports of particularly sustainable technologies in a targeted manner and to promote their global use.
Read more in the press release of the BMWK of 14.04.2021
Extended 49-plus rule within the framework of the Special Renewable Energies Initiative
Cover is available under the Federal Government export credit insurance scheme for transactions in the field of renewable energies that include up to 70 % foreign-sourced goods or services. Furthermore, the Special Renewable Energies Initiative provides for greater flexibility in financing local costs.
Pilot phase for a climate impact assessment
The pilot phase serves to evaluate what international benchmarks are best suited to assess the climate impact of exports supported by the Federal Government. In addition to the Environmental, Health and Safety Guidelines of the World Bank Group already used in the environmental, social and human rights impacts assessment, especially the taxonomy developed by the EU will play an important role in the evaluation. The results will then form part of the climate strategy.