To ask the Secretary of State for International Development, with reference to the CDC Group's climate strategy, published on 2 July 2020, what steps her Department is taking to ensure that all existing CDC investments made prior to July 2020 comply with the standards set out in that climate strategy.
DFID has closely engaged with CDC on the development of their new climate strategy. The commitments set out are forward-looking and will ensure CDC’s portfolio-wide approach to aligning with the Paris Agreement is fully embedded in its investment processes.
This policy is not retrospective. Investments made prior to the launch of the climate strategy were made in accordance with policies and requirements at the time those decisions were made.