Prosperity Fund: Energy

(asked on 28th November 2016) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign and Commonwealth Affairs, what proportion of his Department's Prosperity Fund was allocated to energy projects in each financial year since 2013-14.


Answered by
Alok Sharma Portrait
Alok Sharma
COP26 President (Cabinet Office)
This question was answered on 1st December 2016

The FCO Prosperity Fund was the FCO's dedicated annual fund supporting prosperity work overseas from 2011 until March 2016. Through targeted projects its aims were to support the conditions for global and UK growth.

Since 2013/14 the Prosperity Fund allocated the following to energy projects:

• 2013/14 approximately 23% (£4.5m from a total budget of £19.5m)

• 2014/15 approximately 17% (£3.3m from £19.5m)

• 2015/16 approximately 20% (£5.9m from £29.3m)

These figures include ODA and non-ODA projects on energy distribution, security, policy and efficiency as well as renewables, oil, gas and coal.

The FCO Prosperity Fund ended in March 2016 and was replaced by the new cross-government Prosperity Fund. More information is available on gov.uk where all FCO ODA spend is published.

Reticulating Splines