Building resilience
to climate change
Moving towards
low carbon societies
Reducing Emissions
from Deforestation
and forest Degradation
New finance models
for the green economy

3rd Workshop on the Environment

20-21 October 2003 - London (UK)

On 20 and 21 October 2003 over 60 participants from Export Credit Agencies, Finance Institutions, Renewable Energy Industry and NGOs gathered for the 3rd Workshop on the Environment in order to explore ways to strengthen support of renewable energy technology projects in developing countries and to exchange experience in applying environmental screening and assessment procedures.

Building on discussions started at the 2002 workshop, day one focused on the risks and business opportunities related to climate change, and more specifically on opportunities to provide products and services that favor the support of renewable energy projects and technologies. Day two dealt with the importance of taking environmental concerns into consideration in the early stages of business development.

Day One

Day One Objective: Help promote support for projects involving sustainable energy technology

The two following presentations were part of a session that presented ways in which insurance companies are preparing for a growing emissions trading market. The presentations were followed by a discussion about why emissions trading is relevant to ECAs' business operations and what opportunities for ECA involvement result from it.

The following three presentations form a session that highlighted the potential of renewable energy projects and the need for due diligence. It presented a sample of potential sectoral guidelines for renewable energy projects. The presentations were supplemented with a group discussion building on experiences gained with a sectoral guideline approach.

One of the major barriers to ECA support of renewable energy projects is their small scale, making evaluation cost relatively high as compared to larger projects. One solution that is currently practiced is projects bundling. Studies on the impact of projects bundling on project viability and on modalities have been conducted in view of facilitating use of the Clean Development Mechanism under the Kyoto Protocol. The following presentation explores this possibility.

Day Two

Day Two Objective: Help take into account environmental concerns as early as possible in project design and finance by involving relevant stakeholders

  • Case Study (ZIP - 2,56 MB)
    David Allwood, ECGD
    Charlotte van Andel, Gerling NCM,
    Giulia Giudi, SACE
    Masud Hasan, US EXIM Bank
    René Jacobs, Shell
    Chidi Momah, Nigeria LNG
  • FIDIC - Standard Terms (PDF - 161KB)
    Philip Jenkinson, Atkins
  • Group Work: Role Play (ZIP - 650 KB)
    Diana Smallridge, International Financing Consulting