DFID Questions – Fossil Fuels

DFID Questions – Fossil Fuels


The Hon. Gentleman , the Member for Slough was on the Order Paper for substantives but not reached, so I will call him, on the strict understanding
that he will be exemplary in his brevity. Mr Tanmanjeet Singh Dhesi Thank you very much Mr Speaker. Currently, approximately 97% of the UK’s
export financial support for energy in developing countries goes to fossil fuels and only 1%
to renewable energy. That is a ridiculous and untenable position
given the Government’s own avowed aims. What steps is the Secretary of State taking
to ensure that his work in supporting developing countries to tackle climate change is not
undermined by his colleagues in the Department for International Trade? I am pleased that the CDC has made no new
investments at all in coal-fired power stations since 2012, and that increasingly UK ODA supports
renewable energy. I am assured that as a result of its adoption
of the recommendations of the taskforce on climate-related financial disclosures, UK
Export Finance is looking very carefully at the risks, which the hon. Gentleman has just highlighted, of its support
for oil and gas.

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