Frank Sibert
BNP Paribas

With the 2030 Climate Action Act, Germany has set itself ambitious targets for restructuring the economy. These obligations can only be fulfilled by means of innovation and investment in making industry and society carbon-neutral. An economy with a strong export focus therefore needs modern and project-based instruments for export financing. Based on the SFC’s proposals regarding credit guarantees, the German government could play an influential role in transforming the German economy as well as economies abroad, and strengthening sustainable financial markets. As a global financial institution with a presence in 72 countries, the BNP Paribas Group offers German companies innovative solutions.