The Export-Import Bank of the U.S. (Ex-Im Bank) says it has become the first Export Credit Agency to adopt a comprehensive carbon policy to guide its support of U.S. exports in light of climate change concerns.
Included in the policy is a commitment to explore ways to further improve the bank's transparency in the tracking and reporting of carbon dioxide emissions from projects that it supports.
The bank also has established a $250 million facility to finance renewable energy exports, including solar, wind and geothermal energy.
The full text of the board's carbon policy is available here.
SOURCE: Export-Import Bank of the U.S.