We need your support to keep TheyWorkForYou running and make sure people across the UK can continue to hold their elected representatives to account.

Donate to our crowdfunder

Climate Change: Developing Countries

Department for Energy and Climate Change written question – answered on 17th June 2016.

Alert me about debates like this

Photo of Lord Donoughue Lord Donoughue Labour

To ask Her Majesty’s Government whether they still regard the risk of a funding shortfall in the Clean Technology Fund as "high", and whether contingency funds are in place in the case of premature sunsetting of the Climate Investment Funds.

Photo of Lord Bourne of Aberystwyth Lord Bourne of Aberystwyth The Parliamentary Under-Secretary of State for Energy and Climate Change, Lord in Waiting (HM Household) (Whip), The Parliamentary Under-Secretary of State for Wales

The Climate Investment Funds (CIF) Administrative Unit and Multilateral Development Banks have reviewed the Clean Technology Fund (CTF) pipeline to identify projects that are no longer likely to go ahead and have assessed the impact of this on the expected shortfall. A paper on this will be presented at the forthcoming June 2016 CIF Trust Fund Committee meetings.

A decision on when the CIF will review its sunset clause is expected to be made at the June CIF Trust Fund Committee meetings.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.