Source · Select Committees · International Development Committee
Recommendation 67
67
Contributors told us that despite the official “arms-length” relationship between the Government and CDC, the...
Conclusion
Contributors told us that despite the official “arms-length” relationship between the Government and CDC, the Government had ample scope to influence the latter’s operations and decisions as its sole shareholder.145 NGOs are seeking greater Government influence on CDC’s operations to reduce the scope for funding fossil fuel energy sector abroad. In the words of the Environmental Rights Action/Friends of the Earth Nigeria: The undue influence of the CDC over government policies means they will continue to enjoy stupendous patronage from government spending to continue fossil fuel infrastructure financing.146 UK’s response—fossil fuel policy
Government Response
A response document is linked to this report, dated 14 January 2022. Response attribution to this conclusion has not been verified. Read the response document ↗