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star this property registered interest false more like this
star this property date less than 2019-07-22more like thismore than 2019-07-22
star this property answering body
Department for International Trade more like this
star this property answering dept id 202 more like this
star this property answering dept short name International Trade more like this
star this property answering dept sort name International Trade more like this
star this property hansard heading Renewable Energy: Developing Countries remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for International Trade, what proportion of UK Export Finance spend was on renewable projects in developing economies in each of the last three years. more like this
star this property tabling member constituency Sefton Central more like this
star this property tabling member printed
Bill Esterson more like this
star this property uin 280259 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-07-30more like thismore than 2019-07-30
unstar this property answer text <p>UK Export Finance (UKEF)’s mission is to ensure no viable UK export fails for lack of finance or insurance, while operating at no net cost to the taxpayer. UKEF helps UK companies win export contracts by providing attractive financing terms to their buyers, fulfil contracts by supporting working capital loans, and get paid by insuring against buyer default. For this reason, this response has interpreted the request for the proportion of UKEF <em>spend</em> as the proportion of UKEF <em>support</em>, that being the share of total maximum liability UKEF provided for exports relating to renewables in low and middle-income countries in each of the last three years.</p><p>UKEF classifies countries as per the World Bank classification system, where countries are divided into four income categories – low, lower-middle, upper-middle and high-income. For this reason, the response has interpreted ‘developing economies’ to include countries with either a low, lower-middle and upper-middle income classification.</p><p> </p><p>The share of support UK Export Finance (UKEF) provided for exports relating to renewables in low and middle-income countries can be found in the table.</p><p> </p><table><tbody><tr><td><p>FY</p></td><td><p>Share of maximum liability which went to renewables projects in low and middle-income countries, %</p></td></tr><tr><td><p>2018-19</p></td><td><p>.66%</p></td></tr><tr><td><p>2017-18</p></td><td><p>.04%</p></td></tr><tr><td><p>2016-17</p></td><td><p>0%</p></td></tr></tbody></table><p> </p><p>UKEF publishes details of the support it provides in its Annual Report and Accounts.</p>
unstar this property answering member constituency Bournemouth West more like this
star this property answering member printed Conor Burns more like this
star this property question first answered
less than 2019-07-30T17:18:41.573Zmore like thismore than 2019-07-30T17:18:41.573Z
unstar this property answering member
3922
star this property label Biography information for Conor Burns more like this
star this property tabling member
4061
star this property label Biography information for Bill Esterson remove filter