NZECA Unveils Target-Setting Protocol at COP29 to Drive Global Decarbonisation Efforts

At COP29, the UN-convened Net-Zero Export Credit Agencies Alliance (NZECA) released its first Target-Setting Protocol, designed to assist export credit agencies (ECAs) and export-import (ExIm) banks in formulating and executing net-zero targets to enhance their decarbonisation initiatives.

The Protocol helps NZECA members establish interim and long-term science-based climate targets while meeting their transparency requirements effectively.