Fossil Fuels Overseas Investment

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Alert results for: Fossil Fuels Overseas Investment

Information between 21st July 2021 - 16th April 2024

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Written Answers
Energy: Overseas Investment Asked by: Sarah Champion (Labour - Rotherham) Friday 4th February 2022 Question to the Foreign, Commonwealth & Development Office: To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, pursuant to the Answer of 23 July 2021 to Question 35598 on Fossil Fuels: Overseas Investment, if she will publish the projects in CDC Group’s energy portfolio as at December 2020. Answered by James Cleverly - Home Secretary In July 2020, CDC launched its new Climate Strategy. Subsequently, in December 2020, CDC launched its Fossil Fuel Policy and Gas Guidance Tool, which is fully aligned with the UK Government's fossil fuel policy. The policy excludes investment in the vast majority of fossil fuel types with very limited exclusions. CDC has published its full energy portfolio data for 2020 as at December 2020. Data for 2020 is available on CDC's website: https://www.cdcgroup.com/en/news-insight/insight/articles/the-transition-to-net-zero-explaining-our-current-energy-portfolio/.
Fossil Fuels: Overseas Investment Asked by: Layla Moran (Liberal Democrat - Oxford West and Abingdon) Monday 25th October 2021 Question to the Department for International Trade: To ask the Secretary of State for International Trade, pursuant to the Answer of 18 October 2021 to Question 5534, what the exceptional circumstances are in which the Government would provide direct financial or promotional support for the fossil fuel energy sector overseas. Answered by Mike Freer - Parliamentary Under-Secretary (Ministry of Justice) The limited exemptions available to the Government’s policy on support for new fossil fuel projects overseas are set out online at: www.gov.uk/government/publications/how-the-government-will-implement-its-policy-on-support-for-the-fossil-fuel-energy-sector-overseas.
Fossil Fuels: Overseas Investment Asked by: Caroline Lucas (Green Party - Brighton, Pavilion) Friday 23rd July 2021 Question to the Foreign, Commonwealth & Development Office: To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, if he can provide a full list of fossil fuel projects in CDC Group’s portfolio. Answered by James Duddridge CDC has published its full energy portfolio, as at December 2019, on its website - https://assets.cdcgroup.com/wp-content/uploads/2020/09/11174306/Fossil-Fuels-and-Renewables-portfolio-as-at-31-December-2019-pdf.pdf Having published its 2020 Annual Review on the 6th July, CDC will publish its full energy portfolio, as at December 2020, on its website in due course.

Written Answers

Energy: Overseas Investment
Asked by: Sarah Champion (Labour - Rotherham)
Friday 4th February 2022

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, pursuant to the Answer of 23 July 2021 to Question 35598 on Fossil Fuels: Overseas Investment, if she will publish the projects in CDC Group’s energy portfolio as at December 2020.

Answered by James Cleverly - Home Secretary

In July 2020, CDC launched its new Climate Strategy. Subsequently, in December 2020, CDC launched its Fossil Fuel Policy and Gas Guidance Tool, which is fully aligned with the UK Government's fossil fuel policy. The policy excludes investment in the vast majority of fossil fuel types with very limited exclusions.

CDC has published its full energy portfolio data for 2020 as at December 2020. Data for 2020 is available on CDC's website: https://www.cdcgroup.com/en/news-insight/insight/articles/the-transition-to-net-zero-explaining-our-current-energy-portfolio/.

Fossil Fuels: Overseas Investment
Asked by: Layla Moran (Liberal Democrat - Oxford West and Abingdon)
Monday 25th October 2021

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, pursuant to the Answer of 18 October 2021 to Question 5534, what the exceptional circumstances are in which the Government would provide direct financial or promotional support for the fossil fuel energy sector overseas.

Answered by Mike Freer - Parliamentary Under-Secretary (Ministry of Justice)

The limited exemptions available to the Government’s policy on support for new fossil fuel projects overseas are set out online at: www.gov.uk/government/publications/how-the-government-will-implement-its-policy-on-support-for-the-fossil-fuel-energy-sector-overseas.

Fossil Fuels: Overseas Investment
Asked by: Caroline Lucas (Green Party - Brighton, Pavilion)
Friday 23rd July 2021

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, if he can provide a full list of fossil fuel projects in CDC Group’s portfolio.

Answered by James Duddridge

CDC has published its full energy portfolio, as at December 2019, on its website - https://assets.cdcgroup.com/wp-content/uploads/2020/09/11174306/Fossil-Fuels-and-Renewables-portfolio-as-at-31-December-2019-pdf.pdf

Having published its 2020 Annual Review on the 6th July, CDC will publish its full energy portfolio, as at December 2020, on its website in due course.