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Written question asked by Joan Walley (Labour) on Thursday, 5 March 2015, in the House of Commons. It was due for an answer on Monday, 9 March 2015. It was answered by Oliver Letwin (Conservative) on Wednesday, 11 March 2015 on behalf of the Cabinet Office.

Natural Resources

Question

To ask the Minister for the Cabinet Office, if he will commission a review of the risks and opportunities that resource insecurity poses to the UK economy.

Answer

The Government’s Horizon Scanning Programme examines emerging trends and developments, such as those related to resource insecurity, that have the potential to lead to risks and opportunities for the UK. As part of this programme, Defra led a piece of work to assess risks to the UK economy from countries or companies restricting the supply of key resources. A summary of this work was published in Civil Service Quarterly in July 2014.

Last year, the Chairman of the Joint Intelligence Committee set up the Strategic Resources and Risks group to coordinate work on resource insecurity across Government. As part of its remit, this group considers risks and opportunities that resource insecurity poses to the UK economy. This work is being reflected in the current refresh of the Government’s National Security Risk Assessment. Domestic risks related to resource insecurity are also included in the UK’s National Risk Register.

Secondary information

Type
Written question
Reference
226466
Session
2014-15
Transferred
Yes
Subjects
Natural resources
Link
View this Written question on www.parliament.uk