We work to ensure the best terms for Danish exports
EKF represents Denmark in several international forums to ensure fair and equal terms for Danish exporters in competition with export companies in other countries.
We therefore work on behalf of Denmark to set common international rules regarding export credit and trade policy.
We work to ensure that international trade is effected on fair and equal terms, so that exporters can concentrate on competing based on the quality and price of their products. EKF also works on issues of Danish interest and focuses particularly on areas in which Danish businesses are in a strong position such as green technology.
Through this international cooperation, we expand our expertise, strengthen our networks and gain inspiration for new guarantee products that may benefit Danish export companies.
We create global partnerships
EKF has also signed a number of memorandums of understanding and reinsurance agreements with export credit companies in other countries.
Together with other dedicated experts in the field of export credits, EKF participates in the development of new ideas and improvement of practices in international cross-border financing in order to contribute with inspiration and innovation at European, OECD and global levels.
White Paper on Public Export Finance in the EU - Take Action or Fall Behind
An informal think tank of EU export finance experts from, among others, Germany, France, the Netherlands, Denmark, Belgium and the European Commission has prepared a white paper on the future of export finance in the EU including recommendations on how the EU ensures equal financing terms for EU exporters globally.
Follow the LinkedIn profile for the ExFi Lab here and learn more about the Lab and the Launch.
Convergence of Development Finance and Export Finance
Trade and development are interlinked, and this is becoming even more evident in a changing world. At EKF’s initiative, Offenburg University has prepared a study sponsored by EKF and a number of other ECAs.
The study on Convergence of Development Finance and Export Finance provides an overview of the different policy intervention frameworks behind the three different types of official finance institutions (DFIs, MDBs and ECAs). It also takes a deep dive into a number of selected institutions and assesses motivations and drivers for DFI, MDB and ECA strategies and involvement in transactions – both from a theoretical point of view as well as from a practical point via in-depth case studies of real-life transactions.
Greater focus on the work with sustainable export credit financing
New report shows the distribution of green and fossil projects from countries in Export Finance for Future (E3F)
On April 14th, under the chairmanship of Minister Bruno Le Maire, governments of Denmark, France, Germany, the Netherlands, Spain, Sweden and the United Kingdom solemnly launched the Export Finance for Future (E3F) coalition to harness public export finance as a key driver in the fight against climate change.
Since the launch of the coalition more countries have joined the E3F which now counts ten countries aiming to build momentum at a global level and accelerate the transition to a low-carbon economy. The E3F is an important forum to focus on financial incentives and flexibility for the ECA’s to step up work for the green transition. This includes the progressive phasing out of carbon-intensive projects and significantly increase the financial support to exporters’ projects compatible with Paris Climate Agreement.
At the latest ministerial meeting of the E3F group in November 2021, it was decided to work for transparency in relation to sustainable export credit activities. Therefore, the E3F coalition has now completed its very first report showing the distribution of green projects and fossil fuel projects in the ECAs’ portfolio. With this report, the E3F members aim to focus on work for more sustainable export credit financing.