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Written question asked by Tulip Siddiq (Labour) on Friday, 21 February 2020, in the House of Commons. It was due for an answer on Tuesday, 25 February 2020. It was answered by James Duddridge (Conservative) on Friday, 28 February 2020 on behalf of the Department for International Development.

Private Infrastructure Development Group: Fossil Fuels

Question

To ask the Secretary of State for International Development, pursuant to the Answer of 12 February to Question 14008 on Private Infrastructure Development Group: Fossil Fuels, how many fossil fuel related infrastructure projects the Department has allocated funding to through the Private Infrastructure Development Group; when funding was allocated to each of those projects; and how much funding was allocated.

Answer

DFID is one of a number of institutions who provide funding to the Private Infrastructure Development Group (PIDG). DFID has disbursed $1,036 million to PIDG between 2002 and 2018. During that time, PIDG has made investment commitments totalling $3,610 million.

During this 16-year period, PIDG has provided funding to 32 fossil fuel related infrastructure projects. These are principally investments in power projects in the poorest countries to increase access to power, some of which use fossil fuels to generate electricity. Nine of these funding commitments were in the form of early-stage advisory services.

Over the same period, PIDG provided funding to 35 renewable power projects.

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

Secondary information

Type
Written question
Reference
18834
Session
2019-21
Related items
Subjects
Finance Fossil fuels Private Infrastructure Development Group
Contains statistics
Yes
Link
View this Written question on www.parliament.uk