As the period for comments on UK Export Finance’s (UKEF) plans close, a campaigning group has highlighted a number of hydrocarbon projects in which the agency may play a role.
UK Export Finance (UKEF)
US President Joe Biden has signed an executive order to tackle climate change, as part of which the US will move away from funding fossil fuel-based energy internationally.
The UK government intends to halt funding for hydrocarbon projects overseas on the five-year anniversary of the Paris Agreement.
A Scottish manufacturing firm has snapped up a multi-million pound contract to support construction work for a major North Sea wind farm.
The credit export wing of the UK Government could support tens of thousands of jobs in the coming years if it switches its focus from oil and gas to renewables, according to a new study.
A number of options have been suggested to address Africa's need for electricity, but hydropower has often been overlooked.
The UK government is reconsidering its support for financing foreign oil and gas projects, following UK Export Finance’s (UKEF) commitment to the Total-led Mozambique LNG project.