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Written question asked by Jo White (Labour) on Monday, 16 March 2026, in the House of Commons. It was due for an answer on Wednesday, 18 March 2026. It was answered by Chris Bryant (Labour) on Thursday, 26 March 2026 on behalf of the Department for Business and Trade.


Environment Protection: Brazil

Question

To ask the Secretary of State for Business and Trade, whether he is considering establishing a formal UK–Brazil Green Trade Corridor to support legal certainty for environmental credit investments.

Answer

HMG recognises the importance of Green Corridors in demonstrating clean maritime technologies and laying the foundation for widespread decarbonisation. We are focussed on delivering this change through the International Maritime Organization and domestic action as set out in the Maritime Decarbonisation Strategy. In doing so, we expect this to incentivise and support industry to deliver Green Corridors from the UK and globally. Brazil is an important partner on climate and decarbonisation: we have several bilateral initiatives on green finance, some of which sit under the UK PACT (Partnering for Accelerated Climate Transitions) programme.


Secondary information

Type
Written question
Reference
121105
Session
2024-26
Subjects
Environment protection Investment Brazil
Link
View this Written question on www.parliament.uk