Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what proportion of the energy generated by British International Investment’s portfolio was generated by fossil fuels in 2021.
British International Investment (BII) publishes information on total power generated by portfolio companies in its Annual Review. The information request was published on 5 July 2022 on page 37 of 2021 BII's Annual Review.
The amount of power generated and distributed from renewable sources by BII's investments has more than doubled in two years and as of end of 2021 stands at 37 per cent. It will increase further as other renewables projects that BII has committed to become operational.