The United Nations Environment Programme Finance Initiative, which hosts the Net-Zero Export Credit Agencies Alliance secretariat, reported that France's export credit agency Bpifrance Assurance Export has moved from affiliate to full membership of the alliance at its annual high-level meeting. Full membership commits Bpifrance Assurance Export to decarbonize its portfolio in line with limiting global warming to 1.5°C above pre-industrial levels by 2050, while alliance members also agreed priorities for the year ahead. Bpifrance Assurance Export joined NZECA as an affiliate member in March 2025 and has since published its first carbon footprint, with its climate strategy due in the coming weeks. At the Oxford meeting, attended by senior representatives from NZECA's ten members alongside the Lill Symposium, discussions covered progress by members and the alliance and the evolving role of export credit agencies. Agreed priorities include a stronger focus on mobilizing capital for climate solutions and technologies, and continued proactive cooperation within the export finance sector and with other partners.
United Nations Environment Programme Finance Initiative 2026-05-11
United Nations Environment Programme Finance Initiative reports Bpifrance Assurance Export becomes full member of Net-Zero Export Credit Agencies Alliance
The United Nations Environment Programme Finance Initiative reported that France’s export credit agency Bpifrance Assurance Export has moved from affiliate to full membership of the Net-Zero Export Credit Agencies Alliance, committing to decarbonize its portfolio in line with limiting global warming to 1.5°C by 2050. At the alliance’s annual high-level meeting in Oxford, members reviewed progress and agreed to prioritise mobilizing capital for climate solutions and technologies and strengthening cooperation within the export finance sector.