EcoMall

BANK SUPPORTS
ECO-FRIENDLY EXPORTS

The Export-Import Bank of the United States (Ex-Im Bank) increased insurance support for environmentally beneficial exports by over 47 percent in fiscal year 2000. Insurance policies covering environmental exports increased to $24.7 million in FY2000 from $16.8 million the previous year, and Working Capital Guarantees in support of environmental exports jumped 177 percent to $58.3 million in FY2000 from $21 million in FY1999. Ex-Im Bank's environmental exports program has increased from 13 transactions in FY1994 to 62 transactions in FY2000, with a total portfolio well in excess of $2 billion.

"This program can help emerging markets address critical state and municipal environmental needs, by improving their ability to purchase clean air, water, and energy technology," said Dan Renberg, member of the board of directors.

Renberg said the financing features of Ex-Im Bank's environmental program help US exporters gain a competitive advantage over their foreign counterparts. "While the US market for environmental technologies is estimated to grow 1.8 percent over the next few years, Latin American and Asian markets are projected to grow at annual rates of 12 percent and 10 percent respectively," he noted. "Clearly for US companies, the future is in international markets and Ex-Im Bank can help."

Ex-Im Bank's environmental program provides enhanced financing for US environmental exports, including:

Renberg cited examples of US companies who have successfully used Ex-Im Bank for their environmental exports:Ex-Im Bank is an independent federal agency that provides export credit insurance, loans and loan guarantees to finance exports of US goods and services, mainly to developing markets. In fiscal year 2000, Ex-Im Bank helped to support more than $15.5 billion of US exports worldwide.

Click below to e-mail this article to a friend
or to post a link on your favorite sites.
Thank you! Bookmark and Share

Written by: Export-Import Bank of the United States


RELATED LINKS:



Shop by Keywords Above or by Categories Below.

AIR PURIFICATION AROMATHERAPY BABIES
BEDDING BIRDING BODY CARE
BOOKS BUSINESS OPPORTUNITIES BUSINESS-TO-BUSINESS
CAMPING CATALOGUES CLASSIFIEDS
CLEANING PRODUCTS CLOTHING COMPUTER PRODUCTS
CONSTRUCTION CONSULTANTS CRAFTS
ECO KIDS ECO TRAVEL EDUCATION
ENERGY CONSERVATION ENERGY EFFICIENT HOMES ENGINEERING
FITNESS-YOGA FLOWERS FOODS
FOOTWEAR FURNITURE GARDEN
GIFTS HARDWARE HEMP
HERBS HOUSEHOLD INDUSTRY
INVESTMENTS JEWELRY LIGHTING
MAGAZINES MUSIC NATURAL HEALTH
NATURAL PEST CONTROL NEW AGE OFFICE
OUTDOORS PAPER PETS
PROMOTIONAL RESOURCES RECYCLED SAFE ENVIRONMENTS
SEEKING CAPITAL SHELTERS SOLAR-WIND
TOYS TRANSPORTATION VIDEOS
VITAMINS WATER WEATHER
WHOLESALE WOOD HOW TO ADVERTISE

 Green Living Magazine
Updated Daily!

* * * IN-HOUSE RESOURCES * * *
WHAT'S NEW ACTIVISM ALERTS DAILY ECO NEWS
LOCAL RESOURCES DATABASE ASK THE EXPERTS ECO CHAT
ECO FORUMS ARTICLES ECO QUOTES
INTERVIEWS & SPEECHES NON-PROFIT GROUPS ECO LINKS
KIDS LINKS RENEWABLE ENERGY GOVERNMENT/EDUCATION
VEGGIE RESTAURANTS ECO AUDIO/VIDEO EVENTS
COMMUNICATIONS WHAT PEOPLE ARE SAYING ACCOLADES
AWARDS E-MAIL MAILING LIST


EcoMall