Page 98 - ETIHAD CREDIT INSURANCE PR REPORT

Page 98 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2024

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6/20/24, 10:53 AM Etihad Credit Insurance showcases its efforts in promoting sustainability and climate action at ‘TXF Global 2024’
In this context, H.E. Al Mazrouei emphasised the company’s critical role, especially noting its
commitment to contribute USD 500 million by offering cutting-edge NZECA business solutions and
facilitating joint efforts between the initiative’s partners and stakeholders, which include private
financiers, institutional investors, development banks, nonprofit organisations, export credit agencies

and technical experts. This supports in financing for ambitious green projects in the African continent,
signifying the company’s commitment to support the NZECA Alliance’s objectives of lowering carbon
emissions and boosting climate resilience.

During H.E. Al Mazrouei’s participation in the second session titled ‘Council of Athena: The Woman in

Export & Infrastructure Finance (WEXIF),’ she gave a comprehensive presentation focusing on the
empowerment of Emirati women in the economic sectors and their distinguished presence in the
business, investment and trade communities at the local, regional and international levels. She further
complimented the UAE’s innovative approach to advancing women’s status in the corporate world and

providing chances that are equitable and gender balanced.

H.E. Al Mazrouei said, “The UAE is dedicated to realising the fifth sustainable development goal of the
UN, which is gender equality. The UAE Gender Balance Council’s role is essential in advancing these
efforts and advocating legislation and projects that promote women’s equal access to all sectors,

including We-Fi Initiative, which seeks to support women entrepreneurs and broaden their access to
financial goods and services.”

The two sessions also witnessed the participation of Magnus Montan, Chief Executive Officer of
Swedish Export Credit Corporation (SEK); Peter Boeskov, Chief Commercial Officer, Large Corporates,
Denmark’s Export and Investment Fund (EIFO); Elena Koritchenko, NZECA Secretariat, United Nations

Environment Programme Finance Initiative; Carl Burlock, Executive Vice-President and Chief Operating
Officer of Export Development Canada (EDC); Nanette Bubik, Head of Export Finance, Landesbank
Baden-Wurttemberg (LBBW); John Meakin, Global Head of Export and Agency Finance, JP Morgan.
The conference also witnessed the active participation of the world’s renowned industry experts and

representatives of major export credit companies and banks.

-Ends-