Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what discussions he has had with the European Bank for Reconstruction and Development on the steps that Bank takes to ensure that all livestock projects it funds meet EU animal welfare standards as required by the terms of that Bank’s environmental and social policy.
The Chancellor of the Exchequer is the UK Governor for the EBRD. All prospective projects are reviewed and scrutinised by the EBRD in line with the Bank’s project process, and this analysis is provided to shareholders ahead of discussion and approval by the Board of Directors. The UK assesses all projects to ensure that they meet the EBRD’s mandate and the high environmental and social standards required by its 2019 Environmental and Social Policy.