Question to the Department for International Development:
To ask the Secretary of State for International Development, what assessment his Department has made of the effectiveness of her Departments's role in promoting climate dependency; and what discussions he has had with the Secretary of State for International Trade on UK Export Finance’s investments in carbon intensive industries abroad.
The Prime Minister announced in July that the UK Government will align all future UK Overseas Development Assistance (ODA) spending with the Paris Agreement. This means ensuring we assess all programming for the impact they have on climate change, and that any investment support for fossil fuels affecting emissions is in line with the Paris Agreement temperature goals and transition plans. We are working closely with departments across Government to agree how this commitment will be implemented.
As the UK’s export credit agency, UKEF is responsive to the evolving export financing needs of UK companies as they transition away from fossil fuels. The Prime Minister announced at the Africa Investment Summit that the government will provide no new direct ODA, investment, export credit or trade support for coal power and thermal coal mining overseas.