Asked by: Lord Smith of Hindhead (Conservative - Life peer)
Question to the Foreign, Commonwealth & Development Office:
To ask His Majesty's Government whether any International Climate Finance projects in Indonesia will receive loans instead of grants; and, if so, which projects, and what the terms of the loans will be.
Answered by Lord Wood of Anfield - Parliamentary Under-Secretary (Foreign, Commonwealth and Development Office)
The Foreign, Commonwealth and Development Office (FCDO) uses a combination of grants and other instruments, including loans, as most appropriate to deliver the intended outcomes and provide the best value for money. No existing FCDO International Climate Finance programmes have been switched from grants to loans linked with the recent announcement of £2 bus fares.
Asked by: Lord Smith of Hindhead (Conservative - Life peer)
Question to the Foreign, Commonwealth & Development Office:
To ask His Majesty's Government whether any International Climate Finance projects in Ethiopia will receive loans instead of grants; and, if so, which projects, and what the terms of the loans will be.
Answered by Lord Wood of Anfield - Parliamentary Under-Secretary (Foreign, Commonwealth and Development Office)
The Foreign, Commonwealth and Development Office (FCDO) uses a combination of grants and other instruments, including loans, as most appropriate to deliver the intended outcomes and provide the best value for money. No existing FCDO International Climate Finance programmes have been switched from grants to loans linked with the recent announcement of £2 bus fares.