Source · Select Committees · International Development Committee

Recommendation 68

68

The FCDO told us that the Government’s new fossil fuel policy “determines the UK’s voting...

Conclusion
The FCDO told us that the Government’s new fossil fuel policy “determines the UK’s voting position at the boards of Multilateral Development Banks and can be used to influence the investment policies of other development financial institutions (such CDC Group PLC and the Private Infrastructure Development Group) that receive UK government funding.”147 140 Bond & CAN-UK (CDC0045), CAFOD (CDC0039), ODI (CDC0035) 141 Q79 [Dario Kenner] 142 Bond & CAN-UK (CDC0045), CAFOD (CDC0039), Global Justice Now (CDC0049), E3G (CDC0027), Tearfund (CDC0031) 143 Q96 [Dario Kenner] 144 Q87 [Dario Kenner] 145 Bond and Climate Action Network UK (CAN-UK) (CDC0045), Friends of the Earth England, Wales and Northern Ireland (CDC0042), Global Justice Now (CDC0049), Tearfund (CDC0031) 146 Environmental Rights Action/Friends of the Earth Nigeria (CDC0021) 147 Foreign, Commonwealth and Development Office (CDC0016) 26 Global Britain in demand: UK climate action and international development around COP26
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 ↗