To ask the Secretary of State for International Trade, whether, when assessing the environmental, social and human rights aspects of proposals supporting activities in the oil and gas sectors, UK Export Finance considers the effect of those proposals on climate change.
Answered on
14 September 2017
UK Export Finance (UKEF) carries out screening and due diligence on projects including cross cutting climate change issues as part of its environmental and social review process. Its reviews are carried out by its specialist Environmental and Social Management team and are benchmarked against international standards. Where climate change related issues are identified and UKEF support is provided, these are subject to ongoing monitoring.