Written Question·Department for Energy Security and Net Zero·UIN HL2507

Climate Change: Loans

Tabled: 22 July 2026
Answered: 4 August 2026

Question

To ask His Majesty's Government, further to their press release Cheaper travel for millions with a third off fares, published on 22 July, what assessment they have made of their ability to claw back funding from the international climate finance projects

Answer

The Government is not clawing back funding from existing international climate finance projects. The £400 million relates to switching grant funding that had been set aside for future international climate finance projects into loans, providing more flexi...
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