The OECD reform of the Arrangement on officially supported export credits improves flexibility, particularly in the financing of climate-related projects.
The OECD raises the limit on how much local content in a project that may be covered by export credit agencies. The change reflects the reality of today’s complex global value chains.
New players, from countries outside the OECD Arrangement are increasingly challenging OECD member countries bound by regulations. EKN recently held a seminar on the subject.