Overseas Aid and UK Export Finance: Carbon Emissions

(asked on 11th May 2021) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask Her Majesty's Government how many countries that have received UK Export Finance or Overseas Development Assistance since 2016 have credible long-term decarbonisation strategies, including nationally determined contributions.


Answered by
Lord Goldsmith of Richmond Park Portrait
Lord Goldsmith of Richmond Park
Minister of State (Foreign, Commonwealth and Development Office)
This question was answered on 25th May 2021

The Government is committed to using Official Development Assistance and export finance to support countries on their pathway to decarbonisation. Since 2011/12, UK International Climate Finance has provided 33 million people with improved access to clean energy, avoided 31 million tonnes of greenhouse gas emissions and installed 2,000 MW in clean energy capacity. Examples of UK Export Finance for decarbonisation include £27 million of support for a solar-powered clean water project in Ghana and over £230 million of support for off-shore wind farms in Taiwan.

The Government's new policy on support for the fossil fuel energy sector overseas is a further demonstration of the UK's commitment to alignment with the Paris Agreement. 76 countries that have received UK ODA or export finance since 2016 have submitted new or updated NDCs to the United Nations Framework Convention on Climate Change (UNFCCC) as at 14 May 2021. As COP26 President, the UK acknowledges the considerable value of collective efforts to accelerate progress on clean energy. That is why the UK is actively seeking commitments from other countries to adopt more ambitious NDCs and Long-Term Strategies, including adopting an approach to fossil fuel investment as ambitious as the UK's.

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