Question to the Department for International Development:

To ask the Secretary of State for International Development, what recent assessment she has made of the potential benefits which investment in renewable energy generation methods can bring to developing countries; what research has been undertaken on how this might be achieved; what funding is proposed to be made available for this purpose; and if she will make a statement.

DFID’s energy work is aligned with the new Global Goals, particularly Goal 7, to ensure access to affordable, reliable, sustainable and modern energy for all by 2030. DFID’s energy work is guided by international studies including, for example, by the International Energy Agency, the International Renewable Energy Agency and the Energy Sector Management Assistance Programme based at the World Bank. Recent research by the International Renewable Energy Agency indicates that investment in renewable energy increases GDP, improves welfare, creates more jobs and shifts patterns of trade.

DFID provides significant funding to support renewable energy work, including through the UK Government’s International Climate Finance (ICF) allocation, as well as spend through multilateral funds, such as the Climate Investment Funds and the Green Climate Fund, which have significant renewable energy components.