Energy: Overseas Investment

(asked on 27th January 2022) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, pursuant to the Answer of 23 July 2021 to Question 35598 on Fossil Fuels: Overseas Investment, if she will publish the projects in CDC Group’s energy portfolio as at December 2020.


Answered by
James Cleverly Portrait
James Cleverly
Home Secretary
This question was answered on 4th February 2022

In July 2020, CDC launched its new Climate Strategy. Subsequently, in December 2020, CDC launched its Fossil Fuel Policy and Gas Guidance Tool, which is fully aligned with the UK Government's fossil fuel policy. The policy excludes investment in the vast majority of fossil fuel types with very limited exclusions.

CDC has published its full energy portfolio data for 2020 as at December 2020. Data for 2020 is available on CDC's website: https://www.cdcgroup.com/en/news-insight/insight/articles/the-transition-to-net-zero-explaining-our-current-energy-portfolio/.

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