WebUKEF’s Direct Lending Scheme 1 Purpose of the Direct Lending Scheme Under its Direct Lending Scheme, Export Credits Guarantee Departmentthe operating under the name of , UK Export Finance... Web30 Jun 2024 · This overview of UK Export Finance (UKEF) activities during the year includes details of the guarantees, loans and insurance policies issued, a business commentary …
UK could face lawsuit over $1bn aid to Mozambique gas project
WebA cross-party group of MPs has accused a government agency of undermining the UK’s efforts to tackle climate change. A new report by the environmental audit select committee claims UK Export Finance’s (UKEF) support for fossil fuel energy is ‘unacceptably high’ with the majority of investments in projects in low and middle-income countries. Web10 Jun 2024 · UKEF should end support to new fossil fuel projects by 2024, and should align its work with achieving net zero emissions by 2050. Over a five-year period UKEF spent £2.6 billion to support the UK's global energy exports. Of this, 96% (£2.5 billion) went to fossil fuel projects, with £2.4 billion going to fossil fuel projects in low and ... husqvarna 20 inch 460 rancher
Aligning UK international support for the clean energy transition
Web20 Jul 2024 · The government’s foreign credit agency, UK Export Finance (UKEF), will offer loans worth $300m to British companies working on the gas project, and will also guarantee loans from commercial ... Web📰 News: UKEF is open for business in Morocco, with up to £4 billion of finance available for overseas buyers of UK goods and services in the… Web17 Jan 2024 · In R. (on the application of Friends of the Earth Ltd) v Secretary of State for International Trade/UK Export Finance (UKEF) [2024] EWCA Civ 14 the Court of Appeal dismissed an appeal brought by Friends of the Earth relating to the Government’s decision to provide export finance in support of a natural gas project in Mozambique. In doing so, the … husqvarna 20-inch 450 rancher ii gas chainsaw