Question to the Department for International Trade:
To ask the Secretary of State for International Trade, how many fossil-fuel projects UK Export Finance is planned to conclude in each of the timeframe scenarios outlined in the consultation document on aligning UK international support for the clean energy transition.
When considering a request for support, UKEF conducts extensive due diligence, including environmental, social, and human rights due diligence and consideration of climate change, to understand the risk it is being asked to take. There are various reasons why an application to UKEF might not result in support being provided, or, if support is offered, why delays in providing that support might arise. All these factors make determining when UKEF support may, or even will, be provided difficult and imprecise.
UKEF will publish details of any projects supported in its Annual Report and Accounts.