Climate Change: Loans
2026-07-21 · Department for Energy Security and Net Zero · HL2507 · Official question
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...