Found: Funding announcements include ( Figure 4 on pages 23 to 25): • flood defence investment of £5.2 billion
Mar. 27 2024
Source Page: Work and Opportunities for Women (WOW) programme: building women’s economic empowerment into climate transitionsFound: reducing emissions by using energy more efficiently and expanding renewable ene rgy resources to replace fossil
Mar. 27 2024
Source Page: Green claims: CMA secures landmark changes from ASOS, Boohoo and AsdaFound: A unique confluence of factors has reduced profitability this year: overseas customer demand has been
Mar. 26 2024
Source Page: Whole of Government Accounts, 2021-22Found: • Delivering a Hydrogen economy • Accelerating deployment of renewables • Reducing reliance on fossil
Mentions:
1: Lord Lennie (Lab - Life peer) The more we depend on fossil fuels, the more we will depend on those who control, and set the prices - Speech Link
2: Lord Lilley (Con - Life peer) They will also replace any fossil fuels that we provided to the rest of the world. - Speech Link
3: Baroness Jones of Moulsecoomb (Green - Life peer) It does not matter from where on earth those fossil fuels are extracted or what the balance of trade - Speech Link
Mar. 25 2024
Source Page: FRAB minutes and associated papers: 21 March 2024Found: Furthermore, the EU has also agreed to a 2-year delay to the non -EU ESRS, applying to overseas companies
Found: staff early and continue throughout the process. • Harmonising systems and policies takes time and investment
Mar. 21 2024
Source Page: Consultation on the introduction of a UK carbon border adjustment mechanismFound: the UK’s £11.6bn support for International Climate Finance, leadership on global decarbonisation and investment
Mar. 21 2024
Source Page: Consultation on the introduction of a UK carbon border adjustment mechanismFound: the UK’s £11.6bn support for International Climate Finance, leadership on global decarbonisation and investment
Asked by: Dan Carden (Labour - Liverpool, Walton)
Question to the Foreign, Commonwealth & Development Office:
To ask the Minister of State, Foreign, Commonwealth and Development Office, with reference to the press release entitled PM announces the UK will end support for fossil fuel sector overseas, published on 12 December 2020, how many fossil fuel-related investments British International Investment has divested away from since that date.
Answered by Andrew Mitchell - Minister of State (Foreign, Commonwealth and Development Office) (Minister for Development)
All investment commitments made by British International Investment (BII) since December 2020 meet the conditions set out in BII's Climate Change Strategy and the UK Government's fossil fuel policy. BII publishes detailed metrics on portfolio-level exposure to carbon-related assets in their publicly available Annual Accounts. This is in line with TCFD-recommended disclosures. The latest data can be found at: https://www.bii.co.uk/annual-review-2022/publication/contents/templates/British_International_Investment_Annual_Review_2022.pdf. BII will release an update to these figures in the 2023 Annual Accounts, to be published later this year.