British Airways and Easyjet: Loan Guarantee Scheme

(asked on 14th January 2021) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, with reference to the loan guarantee support from UK Export Finance for EasyJet and British Airways, if she will publish all relevant analysis carried out by UKEF in accordance with its compliance with the Equator Principles including (a) UKEF’s assessment of the climate risks posed by EasyJet and British Airways and their categorisation of each company or project and (b) the alternatives analysis to evaluate lower greenhouse gas intensive alternatives which the Equator Principles require.


Answered by
Graham Stuart Portrait
Graham Stuart
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 19th January 2021

UK Export Finance’s (UKEF) Export Development Guarantee Scheme allows for the provision of general working capital support to UK exporters. The support does not relate to the construction of any individual project and therefore falls outside of the scope of the Equator Principles.

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