| answer text |
<p>The Prosperity Fund’s energy related initiatives do not directly finance oil and
gas exploration or production. They aim to help create policy and business environments
that strengthen energy markets and encourage investment, in turn improving energy
security and access; enabling faster transition to cleaner, low carbon, energy and
greater energy efficiency.</p><p> </p><p>Breakdown of Official Development Assistance
spend is published quarterly as part of the Prosperity Fund’s Transparency commitments.
This can be found at: <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/787922/prosperity-fund-oda-data.ods"
target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/787922/prosperity-fund-oda-data.ods</a></p><p>
</p><p>Some of the activities required to deliver secondary benefits to business are
not eligible for ODA funding, therefore the Fund includes a small component of non-aid
funding (approximately 3% of the total Fund) to capitalise on opportunities generated
through ODA funded initiatives in line with the UK Export Strategy. Non-Official Development
Assistance projects relevant to the Oil and Gas Sector for 2018, can be broken down
as follows:</p><p> </p><table><tbody><tr><td rowspan="3"><p>Mexico</p></td><td><p>Mexico
Oil and Gas Supply Chain Mapping</p></td><td><p>£67,955</p></td></tr><tr><td><p>Health,
Safety and Environment Seminar</p></td><td><p>£10,000</p></td></tr><tr><td><p>UK Capabilities
in Mexico’s Oil and gas sector</p></td><td><p>£9,000</p></td></tr><tr><td rowspan="2"><p>China</p></td><td><p>UK-China
commercial collaboration on unconventional Gas</p></td><td><p>£19,882</p></td></tr><tr><td><p>A
visit by the UK Onshore Oil and Gas (UKOOG) to meet with key players in China to demonstrate
UK’s expertise, leading commercial offer and advantages.</p></td><td><p>£7,000</p></td></tr><tr><td><p>India</p></td><td><p>Oil
& Gas Technology and Services Market Research</p></td><td><p>£86,645</p></td></tr><tr><td
rowspan="2"><p>Brazil</p></td><td><p>PF 6th Edition UK Energy in Brazil Conference</p></td><td><p>£29,625.24</p></td></tr><tr><td><p>Oil
and Gas market opportunities assessment</p></td><td><p>£28,655.83</p></td></tr></tbody></table><p>
</p><p>For more information on the Prosperity Fund and its programmes please see:
<a href="https://www.gov.uk/government/publications/cross-government-prosperity-fund-programme"
target="_blank">https://www.gov.uk/government/publications/cross-government-prosperity-fund-programme</a></p>
|
|
