Question to the Department for International Trade:
To ask Her Majesty's Government what plans they have to continue (1) to provide export finance support to, and (2) to make investments in, overseas fossil fuel projects in states which do not have long-term decarbonisation plans in line with the UN Paris Agreement.
On 12 December 2020, the Prime Minister announced that the British government will no longer provide any new direct financial or promotional support for the fossil fuel energy sector overseas, apart from a small number of tightly-bound exceptions that are still to be determined. The date of implementation of the new policy will be determined following the consultation that was launched on the same day.