Natural Gas: Finance

(asked on 22nd February 2021) - View Source

Question to the Department for International Trade:

To ask Her Majesty's Government what plans they have to approve (1) investments, (2) loans, or (3) loan guarantees, for natural gas projects in states which do not have long-term decarbonisation plans.


This question was answered on 4th March 2021

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.

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