November 5, 2021 – In conjunction with COP26, the Export-Import Bank of the United States (EXIM) today announced the appointment of Winrock President and CEO Rodney Ferguson to its newly established Chair’s Council on Climate, a subcommittee of EXIM’s Advisory Committee. EXIM named Climate Finance Advisors CEO Stacy Swann as chair of the new council.
“I’m thrilled to expand my role with the EXIM Bank Advisory Committee in this exciting new capacity as a member of the Chair’s Council on Climate,” said Winrock President and CEO Rodney Ferguson. “The need for climate action is urgent and the private sector is one of our greatest allies in adapting to and mitigating the effects of climate change. There is tremendous economic and environmental opportunity in better equipping U.S. exporters to create jobs and export America’s climate-smart innovations and products.”
The Chair’s Council on Climate brings together a diverse group of experts who will advise the EXIM Advisory Committee on how the bank ─ the official export credit agency of the U.S. government ─ can better support U.S. exporters and American jobs in clean and renewable energy. The new council will help the agency identify gaps in private-sector financing opportunities and fulfill the mandate from Congress for EXIM to promote and support environmentally beneficial, renewable-energy, energy-efficiency, and energy-storage exports from the U.S.
“As EXIM strengthens our commitment to supporting the growth of clean energy globally, we welcome this diverse group of industry experts,” said Acting EXIM President and Chairman James Burrows. “EXIM’s Chair’s Council on Climate will lead the way in providing insight on export finance for this critically important sector and helping to ensure that the energy innovations of the future are made in America.”
“EXIM has a unique role in financing the products and innovations that will drive the global energy transition while supporting American jobs through exports,” said Council Chair Stacy Swann. “I am honored to lead the Chair’s Council on Climate and look forward to working with this distinguished group from across sectors.”
A full list of 2021-2022 members of the Chair’s Council on Climate can be found here.
The Export-Import Bank of the United States (EXIM) is the nation’s official export credit agency with the mission of supporting American jobs by facilitating U.S. exports. To advance American competitiveness and assist U.S. businesses as they compete for global sales, EXIM offers financing including export credit insurance, working capital guarantees, loan guarantees, and direct loans. As an independent federal agency, EXIM contributes to U.S. economic growth by supporting tens of thousands of jobs in exporting businesses and their supply chains across the U.S. Since 1992, EXIM has generated more than $9 billion for the U.S. Treasury for repayment of U.S. debt. Learn more at www.exim.gov.