Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what the total value is of (a) the UK government's proposed investment in the Qua Iboe gas-fired power station in Nigeria through CDC Group's Globeleq subsidiary, (b) CDC Group's current investments in fossil fuel energy in Nigeria and (c) CDC Group's current investments in renewable energy in Nigeria.

CDC has invested over $1 billion of climate finance into developing countries in Africa and South Asia since 2017. CDC's climate strategy sets out its comprehensive approach to align all of CDC's investing activities with the Paris Agreement, based on the core principles of reaching net zero by 2050, enabling a just transition and strengthening adaptation and resilience.

CDC's full energy portfolio, as of December 2019, is available online: https://assets.cdcgroup.com/wp-content/uploads/2020/09/11174306/Fossil-Fuels-and-Renewables-portfolio-as-at-31-December-2019-pdf.pdf.

CDC will only consider new investments in gas power and related infrastructure if they are aligned with the Paris Agreement and aligned with a country's pathway to net zero emissions by 2050. Information on CDC's pipeline of investments is commercially sensitive and therefore is unable to be disclosed.