Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government whether funding for the International Water Management Institute project in Sri Lanka, funded through the Climate Action for a Resilient Asia programme, will be provided in the form of loans rather than grants; and, if so, what the terms of the loans will be.
No. The UK 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. The majority of UK ICF will continue to be provided through grants. No existing ICF programmes have been switched from grants to loans linked with the recent announcement of £2 bus fares.