To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether his Department has plans to announce an end to UK Government financial support for fossil fuels overseas using Official Development Assistance through (a) the CDC Group, (b) the Private Infrastructure Development Group and (c) other multilateral institutions.
26 October 2020
The UK was the first major economy in the world to make a legally binding commitment to reach net zero by 2050. As part of that commitment and global leadership on the issue the Prime Minister announced in January that the UK would end direct Official Development Assistance (ODA), investment, export credit and trade promotion support for thermal coal mining and coal power plants overseas. The UK will also continue to lead by example through aligning our ODA with the Paris Agreement temperature goals. This will include our support for CDC, the Private Infrastructure Development Group and other multilateral institutions.