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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' | Go Green - A …

Etihad Credit Insurance Showcases Its Efforts In Promoting
Sustainability And Climate Action At ‘TXF Global 2024’

Etihad Credit Insurance (ECI), the UAE’s federal export credit company, participated in TXF Global 2024
conference, organised by Exile Group in Athens, Greece. During the conference, Her Excellency Raja Al
Mazrouei, CEO of ECI, highlighted the company’s dedication to aligning its strategies with both national and
international climate goals as well as reinforcing the role of Emirati women in local, regional, and global
trading, investment and business communities.
H.E. Al Mazrouei participated in two major discussions titled ‘A Modern Delian League: Reviewing the Net-
Zero Export Credit Agencies Alliance (NZECA)’ and ‘Council of Athena: The Woman in Export &
Infrastructure Finance (WEXIF).’ During the first session, H.E. Al Mazrouei highlighted the relevance of ECI’s
membership in the Net-Zero Export Credit Agencies Alliance (NZECA) and its pivotal role in supporting the
company’s policies with the UAE’s Net Zero by 2050 strategic initiative. Furthermore, she said, "This move
has provided ECI with seamless access to a global network of expertise and resources, enabling the
alignment of our strategies with both national and international climate targets."

H.E. Al Mazrouei added, "ECI has joined various initiatives and established partnerships that support the
adoption renewable energy and implementation of sustainability projects, including the Africa Green
Investment initiative (AGII) and our partnership with Masdar. These efforts come in line with the United
Nations Sustainable Development Goals (SDGs), particularly those focusing on Affordable and Clean Energy,
Industry, Innovation and Infrastructure, and Climate Action." She further pointed out the positive impact of
ECI’s membership in the alliance, while shedding light on the ways it can reinforce cooperation with other
export credit agencies and increase its capacity to contribute to the efforts to attain climate targets.

Additionally, H.E. Al Mazrouei emphasised the company’s vital efforts and contributions towards global
climate goals, such as the 2030 Sustainable Development Agenda and the Paris Agreement, even though it
was established recently. Commenting on the Africa Green Investment Initiative (AGII) and its results in
improving sustainability of the continent, H.E. Al Mazrouei said, "Launched by the COP 28 Presidency at the
Africa Climate Summit as part of Union Program 7 by the UAE, AGII’s efforts aligns with the targets of
NZECA Alliance. With Africa50 as a key partner, it seeks to raise USD 4.5 billion from renowned climate
action companies in the UAE, including Masdar, the Abu Dhabi Fund for Development, AMEA Power and
ECI."

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

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