Question to the Foreign, Commonwealth & Development Office:
To ask His Majesty's Government, following the announcement by the Prime Minister's Office of 22 July, Cheaper travel for millions with a third off fares, whether funding allocated to the Congo Basin Pledge will be provided in the form of loans rather than grants; if so, how much funding is affected; and what the terms of the loans will be.
The Foreign, Commonwealth and Development Office (FCDO) uses a combination of grants and other instruments, including loans, as most appropriate to deliver the intended outcomes and provide the best value for money. No existing FCDO International Climate Finance programmes have been switched from grants to loans linked with the recent announcement of £2 bus fares.