Some Ј50 million (GBP) of cover for the UK renewable energy sector is being made available by the Export Credits Guarantee Department (ECGD) to help developing countries limit greenhouse gas emissions from today (1 April).
International Trade Minister Baroness Symons said: "This initiative strengthens ECGD's commitment to sustainable development by giving developing countries better access to renewable energy technology sourced from exporters and investors based in the UK."
ECGD and the Department for Trade and Industry have been working in partnership with exporters, investors and overseas buyers to identify and support new renewable energy opportunities as part of a Government-wide drive to encourage the development of power generation from renewable resources both in the UK and abroad.
"The challenge is now on for British companies to put forward viable renewable energy projects that can be supported by ECGD," added Baroness Symons.
