Project Amp Export News Today

There is a need for collective definitions and methodologies to better interpret the multitude of existing sustainable frameworks to apply within export finance. TXF Intelligence's Sustainability in Export Finance report collated deal flow from the past five years and applied its own set of ESG metrics to ratify our data.

Beyond the horrors and dreadful tragedies of the war in Ukraine there will be extreme economic fallout in the trade and investment space for many years to come. The conflict and sanctions imposed so far leaves banks, businesses and commodity trade severely exposed. What alternative supply solutions can be found?

Provisional results from TXF's annual Export Finance Industry Survey indicate that the retreat by export finance banks and ECAs from coal is very real. But it is also largely indiscriminate in its application to thermal and metallurgical coal, a commodity that is still required by the steel industry and will continue to be until the fledgling green steel sector can be scaled up. Is a more considered retreat required?

Export credit agencies are still finding their way on how to deliver sustainable export finance in a measurable, consistent and transparent way. Collaboration is definitely the path forward. EKN, EKF and Atradius DSB share their experiences.

With an investment from Netherland’s largest pension fund manager APG, Amsterdam-based fund management group ILX has launched an emerging market focused private credit fund that might actually deliver on the promise of blended finance.

EXIM Hungary’s new five-year strategy, which will run until 2026, anchors the Hungarian ECA’s future development in education and cooperation. TXF spoke with Gergely Jákli, CEO, chairman of the board of directors, to outline the new strategy.

Although not the first utility-scale wind project to be awarded in Uzbekistan, the Nukus wind project could prove to be the pathfinder for future wind tenders and financings following a host of legislative reforms. So what has changed?

The success of the Uzbekneftegaz $3.6 billion GTL (gas-to-liquid) project – launching in early 2022 - paves the way for other major industrial projects in the country. Following on from this project we can expect to see greater involvement from a wider range of international financiers.

The success of the Uzbekneftegaz $3.6 billion GTL (gas-to-liquid) project – launching in early 2022 - paves the way for other major industrial projects in the country. Following on from this project we can expect to see greater involvement from a wider range of international financiers.

Ahead of TXF Global in Madrid next week, Max Thompson takes a look at the increased innovation and flexibility ECAs are showing around the structure of export credits in Africa, particularly covering the 15% down payment financing traditionally needed for ECA-backed deals. And there is room for further development of the ECA product offering.