Written questions

Climate Change: Loans

2026-07-22 · Foreign, Commonwealth and Development Office · HL2621 · Official question

Question

To ask His Majesty's Government whether funding provided through British Climate Partners will be provided in the form of loans rather than grants; and, if so, how much funding is affected, and what the terms of the loans will be.

Answer

Through its British Climate Partners (BCP) Initiative British International Investment (BII) will principally provide equity and mezzanine finance. BII does not anticipate providing funding through BCP in the form of grants. BII plans to invest over £1 bi...