Export Credit Guarantees

(asked on 21st January 2021) - View Source

Question to the Department for International Trade:

To ask Her Majesty's Government what progress they have made in aligning the use of export credits with the UK’s commitments on climate change, including those related to (1) sustainable infrastructure, and (2) renewable energy.


This question was answered on 29th January 2021

At the Climate Ambition Summit on 12 December 2020, the Prime Minister announced that the UK will no longer provide any new direct financial or promotional support for the fossil fuel energy sector overseas, other than in exceptional circumstances, and will align its support to enable clean energy exports.

A public consultation was announced at the same time to seek stakeholders’ views on i) how to enable an accelerated growth in UK clean energy exports, and ii) on the impacts of the timing of implementation of the policy shift on international fossil fuel energy sector support.

The consultation can be found online at: https://www.gov.uk/government/consultations/aligning-uk-international-support-for-the-clean-energy-transition.

Reticulating Splines