Written Question·Department for Energy Security and Net Zero·UIN 21019

Renewable Energy: Finance

Tabled: 18 December 2024
Answered: 7 January 2025
Named Day

Question

Bell Ribeiro-Addy

Labour — Clapham and Brixton Hill

To ask the Secretary of State for Energy Security and Net Zero, whether his Department has made an assessment of the potential role of the oil and gas industry in (a) contributing to international climate finance pledges and (b) contributing funds to the

Answer

Michael Shanks
The Government has made several spending announcements since July to deliver the UK’s 2019 pledge to spend £11.6bn in International Climate Finance between April 2021 and March 2026, and is supporting workers to move from carbon-intensive sectors to clean...
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