Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.

Donate to our crowdfunder

Developing Countries: Fossil Fuels

Cabinet Office written question – answered on 21st May 2019.

Alert me about debates like this

Photo of Alex Norris Alex Norris Labour/Co-operative, Nottingham North

To ask the Minister for the Cabinet Office, what assessment he has made of the implications for his policies of the findings of the report entitled A False Promise of Prosperity, published by Platform in October of 2018.

Photo of David Lidington David Lidington Chancellor of the Duchy of Lancaster, Minister of State (Cabinet Office)

The Prosperity Fund has considered the findings of the report; we are confident the Prosperity Fund programmes are consistent with the UK government’s commitments, under the Paris Agreement.

Within the portfolio, there are a considerable number of programmes where we are working with partner countries to increase their resilience to climate change, to reduce emissions, and to transition to a sustainable low carbon economy.

The Fund’s energy related initiatives do not directly finance oil and gas exploration or production. They aim to help create policy and business environments that improve energy access, strengthen energy markets, encourage investment and promote energy efficiency. In turn this will improve energy security, and enable a faster transition to a cleaner, low carbon economy. This is consistent with the findings of the Intergovernmental Panel on Climate Change in their Special Report on the impacts of global warming of 1.5oC that oil and gas will continue to be an essential part of the global energy mix as we transition to a low carbon economy.

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.