Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government whether funding for the Sustainable Energy Facility for the Eastern Caribbean 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.