Source · Select Committees · International Development Committee
Recommendation 71
71
On the exemptions to CDC’s new fossil fuel policy, Colin Buckley, General Counsel and Head...
Conclusion
On the exemptions to CDC’s new fossil fuel policy, Colin Buckley, General Counsel and Head of External Affairs at CDC, told us that it would “respect the individual country road maps to net zero” as “developing countries will all have slightly different paths to get to net zero by 2030”.154
Government Response
Not Addressed
HM Government
Not Addressed
The exemptions are applicable to a small number of situations and are necessary to make this policy work in the real world and allow an orderly transition away from fossil fuels. They reflect the current state of renewable technologies and markets, ensure that neither taxpayers nor developing countries are disadvantaged and, most importantly, are in line with achieving the Paris temperature goals and Nationally Determined Contributions (NDC). Projects are considered on a case-by-case basis, with the exemptions being monitored by an internal cross Whitehall governance group to ensure compliance and relevance with the UK’s fossil fuel policy.