Tan Dhesi (Labour)

Currently, approximately 97% of the UK’s export financial support for energy in developing countries goes to fossil fuels and only 1% to renewable energy. That is a ridiculous and untenable position, given the Government’s avowed aims. What steps is the Secretary of State taking to ensure that his work in supporting developing countries to tackle climate change is not undermined by his colleagues in the Department for International Trade?

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The Minister of State, Department for International Development (Zac Goldsmith)

I am pleased that the CDC has made no new investments at all in coal-fired power stations since 2012, and that increasingly UK ODA supports renewable energy. I am assured that as a result of its adoption of the recommendations of the taskforce on climate-related financial disclosures, UK Export Finance is looking very carefully at the risks, which the hon. Gentleman has just highlighted, of its support for oil and gas.

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