Parliamentary Search

Written question asked by Preet Kaur Gill (Labour) on Thursday, 17 December 2020, in the House of Commons. It was due for an answer on Monday, 11 January 2021. It was answered by James Duddridge (Conservative) on Monday, 11 January 2021 on behalf of the Foreign, Commonwealth and Development Office.

Private Infrastructure Development Group: Fossil Fuels

Question

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.

Answer

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.

Secondary information

Type
Written question
Reference
131391
Session
2019-21
Subjects
Development aid Fossil fuels Private Infrastructure Development Group
Contains statistics
Yes
Link
View this Written question on www.parliament.uk