Climate Change

(asked on 14th January 2020) - View Source

Question to the Department for International Development:

To ask the Secretary of State for International Development, whether his Department has made an assessment of the potential for devolved institutions to further their commitment to climate change action by creating a development finance institution similar to the CDC.


Answered by
Andrew Stephenson Portrait
Andrew Stephenson
This question was answered on 21st January 2020

DFID has made no assessment of the potential for devolved institutions to create their own development finance institution.

CDC is the UK’s development finance institution, wholly owned by the UK government. CDC’s mission is to support the growth of businesses in Africa and South Asia, to create jobs and make a lasting difference to people’s lives in some of the world’s poorest places. It does this work on behalf of the whole of the UK.

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