Private Infrastructure Development Group: Fossil Fuels

Foreign, Commonwealth and Development Office written question – answered on 11th January 2021.

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Photo of Preet Kaur Gill Preet Kaur Gill Shadow Secretary of State for International Development

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, how much Official Development Assistance the Private Infrastructure Development Group has given in funding to fossil fuel projects in each of the last five years.

Photo of James Duddridge James Duddridge Parliamentary Under-Secretary (Foreign, Commonwealth and Development Office)

During the last 5 years (2015-2019) the Private Infrastructure Development Group (PIDG), which is a multi-donor funded institution that receives funding from at least 5 countries and the World Bank, has made a number of infrastructure investments in developing countries to increase access to power, some of which use fossil fuels to generate electricity. Of these investments, US $292.86 million have been to projects using fossil fuels as a fuel source, the majority of which relate to gas-fired power. Over the same period, PIDG has invested US $571.05 million in renewable power projects. PIDG investments are made using ODA funds received from all PIDG owners, funds raised from the private sector and returns from its investments.

Data on all PIDG investment commitments are available online via its Results Monitoring Database and its annual reports. FCDO also publishes data relating to its funding to PIDG via DevTracker.

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