Fossil Fuels: Overseas Trade

Department for International Trade written question – answered on 4th March 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 International Trade, whether the Government plans to use public money to fund new overseas fossil fuel projects ahead of COP26.

Photo of Graham Stuart Graham Stuart Parliamentary Under-Secretary (Department for International Trade)

On 12 December 2020, the Prime Minister announced that the British government will no longer provide any new direct financial or promotional support for the fossil fuel energy sector overseas, apart from a small number of tightly-bound exceptions that are still to be determined. Following the conclusion of the public consultation, which closed to submissions on 8 February, the date of implementation of the new policy will be confirmed shortly.

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