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167535

registered interest
date	02/12/2014
answering body	Department for International Development
answering dept id	20
answering dept short name	International Development
answering dept sort name	International Development
hansard heading	International Climate Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for International Development, with reference to the intervention statement for the Climate Public Private Partnership (CP3) Platform, which private equity firm manages the Scottish Limited Partnership for the UK's investment in the CP3 Asia Fund through this Scottish Limited Partnership; and what the cost is of the fees charged by the Scottish Limited Partnership.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	216945
answer	answer is ministerial correction date of answer 05/12/2014 answer text <p>The UK’s investment into the CP3 Asia Fund, named ‘Asia Climate Partners’, is a Cayman Islands based Limited Partnership. The UK’s investment into the IFC Catalyst Fund is through a Scottish limited partnership. The tax jurisdiction is therefore in the Cayman Islands for Asia Climate Partners, and in Scotland for the Catalyst Fund. There are no fees charged by either limited partnership. These jurisdictions were chosen because they comply with the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes.</p><p> </p><p>The IFC Catalyst Fund reached first close in November 2012 and the Asia Climate Partners reached first close in November 2014.</p><p> </p> answering member constituency New Forest West answering member printed Mr Desmond Swayne grouped question UIN 216944 216946 question first answered 05/12/2014 14:08:15 answering member 55 label Biography information for Sir Desmond Swayne
tabling member	4125 label Biography information for Catherine McKinnell

167536

registered interest
date	02/12/2014
answering body	Department for International Development
answering dept id	20
answering dept short name	International Development
answering dept sort name	International Development
hansard heading	International Climate Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for International Development, what the tax jurisdiction is for the Climate Public Private Partnership (CP3) Asia Fund and (b) International Finance Corporation Catalyst Fund.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	216946
answer	answer is ministerial correction date of answer 05/12/2014 answer text <p>The UK’s investment into the CP3 Asia Fund, named ‘Asia Climate Partners’, is a Cayman Islands based Limited Partnership. The UK’s investment into the IFC Catalyst Fund is through a Scottish limited partnership. The tax jurisdiction is therefore in the Cayman Islands for Asia Climate Partners, and in Scotland for the Catalyst Fund. There are no fees charged by either limited partnership. These jurisdictions were chosen because they comply with the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes.</p><p> </p><p>The IFC Catalyst Fund reached first close in November 2012 and the Asia Climate Partners reached first close in November 2014.</p><p> </p> answering member constituency New Forest West answering member printed Mr Desmond Swayne grouped question UIN 216944 216945 question first answered 05/12/2014 14:08:15 answering member 55 label Biography information for Sir Desmond Swayne
tabling member	4125 label Biography information for Catherine McKinnell

167538

registered interest
date	02/12/2014
answering body	Department for International Development
answering dept id	20
answering dept short name	International Development
answering dept sort name	International Development
hansard heading	International Climate Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for International Development, with reference to intervention statement for the Climate Public Private Partnership (CP3) Platform, for what reason the UK's investment in the CP3 Asia Fund is made via a Scottish Limited Partnership.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	216944
answer	answer is ministerial correction date of answer 05/12/2014 answer text <p>The UK’s investment into the CP3 Asia Fund, named ‘Asia Climate Partners’, is a Cayman Islands based Limited Partnership. The UK’s investment into the IFC Catalyst Fund is through a Scottish limited partnership. The tax jurisdiction is therefore in the Cayman Islands for Asia Climate Partners, and in Scotland for the Catalyst Fund. There are no fees charged by either limited partnership. These jurisdictions were chosen because they comply with the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes.</p><p> </p><p>The IFC Catalyst Fund reached first close in November 2012 and the Asia Climate Partners reached first close in November 2014.</p><p> </p> answering member constituency New Forest West answering member printed Mr Desmond Swayne grouped question UIN 216945 216946 question first answered 05/12/2014 14:08:15 answering member 55 label Biography information for Sir Desmond Swayne
tabling member	4125 label Biography information for Catherine McKinnell

92019

registered interest
date	26/09/2014
answering body	Department for International Development
answering dept id	20
answering dept short name	International Development
answering dept sort name	International Development
hansard heading	Mining: Disclosure of Information
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for International Development, whether her Department is taking steps to ensure that extractive industry transparency is a key component of the forthcoming G20 Anti-Corruption Action Plan.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	209515
answer	answer is ministerial correction date of answer 16/10/2014 answer text <p>DFID is lobbying partners bilaterally and in multilateral fora to promote progress towards common global standards of extractive industry transparency, including through continuing efforts in the G20 Anti-corruption Working Group which is preparing its Action Plan for 2015-16. The UK would like to see the G20 commit to high standards of transparency in the extractive industries.</p><p> </p><p> </p><p> </p><p>Transparency in the extractive industries provides information for citizens in countries with oil, gas and minerals to hold their governments to account for how natural resources revenues are managed. This helps to tackle corruption, to promote poverty reduction, and offers companies a more open, and stable investment environment in which to operate.</p><p> </p> answering member constituency New Forest West answering member printed Mr Desmond Swayne question first answered 16/10/2014 16:54:24 answering member 55 label Biography information for Sir Desmond Swayne
tabling member	4125 label Biography information for Catherine McKinnell

92028

registered interest
date	26/09/2014
answering body	Department for International Development
answering dept id	20
answering dept short name	International Development
answering dept sort name	International Development
hansard heading	Developing Countries: Climate Change
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for International Development, in what country the fund managers for the CP3 Asia Fund will be based.
tabling member constituency	Newcastle upon Tyne North
tabling member printed	Catherine McKinnell
uin	209376
answer	answer is ministerial correction date of answer 14/10/2014 answer text <p>The fund managers for CP3 Asia will be based in Hong Kong. CP3 Asia has been renamed ‘Asia Climate Partners’ by the fund managers.</p><p> </p> answering member constituency Hornsey and Wood Green answering member printed Lynne Featherstone question first answered 14/10/2014 14:00:07 answering member 1531 label Biography information for Baroness Featherstone
tabling member	4125 label Biography information for Catherine McKinnell