- First ever green transition loan backed by UK Export Finance (UKEF) helps Wood continue to transition to capitalise on opportunities linked to clean energy, hydrogen and decarbonisation
- Loan gives Wood the financial resource to take advantage of green trade opportunities
- Government aligns free trade agenda behind green exports ahead of COP26
LONDON – August 19th, 2021 – The first ever government-backed green transition loan has been awarded to engineering and consultancy firm Wood to seize new clean growth export opportunities, International Trade Secretary Liz Truss has announced today.
With less than three months before the UN climate change conference, COP26 in Glasgow, the UK continues to align its free trade agenda behind green exports to speed up the country’s transition away from fossil fuels to low-carbon energy sources, which is expected to deliver up to £170 billion of export sales in goods and services for the UK by 2030.
Firms operating in the UK’s industrial heartlands, like Aberdeen-headquartered Wood, will be backed by Government to drive…
