I refer the Hon. Member for Dulwich and West Norwood to the answer I gave to the Hon. Member for Brighton Pavilion on 23 January 2020, UIN: 5385<\/p>
To clarify, UK Export Finance (UKEF) does not invest equity or provide funding into projects. The support provided by the Department is in the form of financing, insurance or guarantees for loans.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3922", "label" : {"_value" : "Biography information for Sir Conor Burns"} } , "answeringMemberConstituency" : {"_value" : "Bournemouth West"} , "answeringMemberPrinted" : {"_value" : "Conor Burns"} , "dateOfAnswer" : {"_value" : "2020-02-10", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2020-02-10T17:52:00.467Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "202"} , "answeringDeptShortName" : {"_value" : "International Trade"} , "answeringDeptSortName" : {"_value" : "International Trade"} , "date" : {"_value" : "2020-02-04", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Coal: Export Credit Guarantees"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for International Trade, pursuant to the Answer of 3 February 2020 to Question 9090 on Fossil Fuels: Export Credit Guarantees, what estimate she has made of the amount of Government investment in coal projects through UK Export Finance in each year since 2015.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4510", "label" : {"_value" : "Biography information for Helen Hayes"} } , "tablingMemberConstituency" : {"_value" : "Dulwich and West Norwood"} , "tablingMemberPrinted" : [{"_value" : "Helen Hayes"} ], "uin" : "12398"} , {"_about" : "http://data.parliament.uk/resources/1127333", "AnsweringBody" : [{"_value" : "Department for International Trade"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1127333/answer", "answerText" : {"_value" : "
UK Export Finance (UKEF) complies with the OECD Sector Understanding on Export Credits for Coal Fired Electricity Generation Projects which prohibits it from supporting all but the most efficient coal-fired power electricity generation, with exceptions for the world\u2019s poorest countries where the costs of cleaner power technologies may be prohibitive and poverty reduction objectives are deemed to outweigh the impact on climate change. UKEF has not supported the financing of any new coal-fired power plants overseas since 2002.<\/p>
<\/p>
UKEF undertakes environmental, social and human rights due diligence on all projects which are in scope of the OECD Arrangement on Officially Supported Export Credits, applying a risk-based approach. UKEF\u2019s mission is to ensure no viable UK export fails for lack of finance or insurance from the private sector. Its support is available for UK exports from all sectors.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4016", "label" : {"_value" : "Biography information for Sir George Hollingbery"} } , "answeringMemberConstituency" : {"_value" : "Meon Valley"} , "answeringMemberPrinted" : {"_value" : "George Hollingbery"} , "dateOfAnswer" : {"_value" : "2019-05-22", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-05-22T08:44:34.087Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "202"} , "answeringDeptShortName" : {"_value" : "International Trade"} , "answeringDeptSortName" : {"_value" : "International Trade"} , "date" : {"_value" : "2019-05-17", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Coal: Export Credit Guarantees"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for International Trade, what his Department's policy is on the maintenance of UK Export Finance support for coal-related projects.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4061", "label" : {"_value" : "Biography information for Bill Esterson"} } , "tablingMemberConstituency" : {"_value" : "Sefton Central"} , "tablingMemberPrinted" : [{"_value" : "Bill Esterson"} ], "uin" : "255673"} , {"_about" : "http://data.parliament.uk/resources/480610", "AnsweringBody" : [{"_value" : "Department for Business, Innovation and Skills"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/480610/answer", "answerText" : {"_value" : "
UK Export Finance is currently providing support to five coal mining projects, as follows:<\/p>
<\/p>
Exporter name<\/p><\/td> | Buyer name<\/p><\/td><\/tr> | ||||||||||||||||||||||||||||||||||||
Joy Global (UK) Ltd<\/p><\/td> | Siberian Coal & Energy Company<\/p><\/td><\/tr> | ||||||||||||||||||||||||||||||||||||
Joy Global (UK) Ltd<\/p><\/td> | Mechel Mining OAO<\/p><\/td><\/tr> | ||||||||||||||||||||||||||||||||||||
Joy Global (UK) Ltd<\/p><\/td> | Siberian Coal & Energy Company<\/p><\/td><\/tr> | ||||||||||||||||||||||||||||||||||||
Joy Global (UK) Ltd<\/p><\/td> | Siberian Coal & Energy Company<\/p><\/td><\/tr> | ||||||||||||||||||||||||||||||||||||
Joy Global (UK) Ltd<\/p><\/td> | Siberian Coal & Energy Company<\/p><\/td><\/tr><\/tbody><\/table> <\/p> <\/strong><\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/3938", "label" : {"_value" : "Biography information for Anna Soubry"}
}
, "answeringMemberConstituency" : {"_value" : "Broxtowe"}
, "answeringMemberPrinted" : {"_value" : "Anna Soubry"}
, "dateOfAnswer" : {"_value" : "2016-03-24", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "previousAnswerVersion" : {"_about" : "http://data.parliament.uk/resources/480610/answer/previousversion/53252", "answeringMember" : {"_about" : "http://data.parliament.uk/members/3938", "label" : {"_value" : "Biography information for Anna Soubry"}
}
, "answeringMemberConstituency" : {"_value" : "Broxtowe"}
, "answeringMemberPrinted" : {"_value" : "Anna Soubry"}
}
, "questionFirstAnswered" : [{"_value" : "2016-03-24T15:57:10.06Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "26"}
, "answeringDeptShortName" : {"_value" : "Business, Innovation and Skills"}
, "answeringDeptSortName" : {"_value" : "Business, Innovation and Skills"}
, "date" : {"_value" : "2016-03-18", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Coal: Export Credit Guarantees"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Business, Innovation and Skills, which coal mining projects are being supported by UK Export Finance.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4522", "label" : {"_value" : "Biography information for Rebecca Pow"}
}
, "tablingMemberConstituency" : {"_value" : "Taunton Deane"}
, "tablingMemberPrinted" : [{"_value" : "Rebecca Pow"}
], "uin" : "31748"}
, {"_about" : "http://data.parliament.uk/resources/417147", "AnsweringBody" : [{"_value" : "Department for Business, Innovation and Skills"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/417147/answer", "answerText" : {"_value" : " UK Export Finance has been participating in discussions within the OECD with the aim of achieving a multilateral agreement on limiting the provision of export credits for coal-fired power projects.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/3938", "label" : {"_value" : "Biography information for Anna Soubry"}
}
, "answeringMemberConstituency" : {"_value" : "Broxtowe"}
, "answeringMemberPrinted" : {"_value" : "Anna Soubry"}
, "dateOfAnswer" : {"_value" : "2015-09-15", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2015-09-15T11:02:00.407Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "26"}
, "answeringDeptShortName" : {"_value" : "Business, Innovation and Skills"}
, "answeringDeptSortName" : {"_value" : "Business, Innovation and Skills"}
, "date" : {"_value" : "2015-09-07", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Coal: Export Credit Guarantees"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Business, Innovation and Skills, what steps he is taking to secure an agreement between OECD countries to stop supporting all coal projects overseas through export credit agencies.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4131", "label" : {"_value" : "Biography information for Jim Shannon"}
}
, "tablingMemberConstituency" : {"_value" : "Strangford"}
, "tablingMemberPrinted" : [{"_value" : "Jim Shannon"}
], "uin" : "9260"}
, {"_about" : "http://data.parliament.uk/resources/388504", "AnsweringBody" : [{"_value" : "Department for Business, Innovation and Skills"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/388504/answer", "answerText" : {"_value" : " UK Export Finance has been participating in discussions within the OECD with the aim of achieving a multilateral agreement on limiting the provision of export credits for coal-fired power projects.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/3938", "label" : {"_value" : "Biography information for Anna Soubry"}
}
, "answeringMemberConstituency" : {"_value" : "Broxtowe"}
, "answeringMemberPrinted" : {"_value" : "Anna Soubry"}
, "dateOfAnswer" : {"_value" : "2015-07-14", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2015-07-14T14:22:17.583Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "26"}
, "answeringDeptShortName" : {"_value" : "Business, Innovation and Skills"}
, "answeringDeptSortName" : {"_value" : "Business, Innovation and Skills"}
, "date" : {"_value" : "2015-07-08", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Coal: Export Credit Guarantees"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Business, Innovation and Skills, if he will take steps to secure international agreement within Organisation for Economic Cooperation and Development countries to stop supporting all coal projects through export credit agreements; and if he will make a statement.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/1437", "label" : {"_value" : "Biography information for Lady Hermon"}
}
, "tablingMemberConstituency" : {"_value" : "North Down"}
, "tablingMemberPrinted" : [{"_value" : "Lady Hermon"}
], "uin" : "6197"}
, {"_about" : "http://data.parliament.uk/resources/387469", "AnsweringBody" : [{"_value" : "Department for Business, Innovation and Skills"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/387469/answer", "answerText" : {"_value" : " UK Export Finance has been participating in discussions within the OECD with the aim of achieving a multilateral agreement on limiting the provision of export credits for coal-fired power projects.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/3938", "label" : {"_value" : "Biography information for Anna Soubry"}
}
, "answeringMemberConstituency" : {"_value" : "Broxtowe"}
, "answeringMemberPrinted" : {"_value" : "Anna Soubry"}
, "dateOfAnswer" : {"_value" : "2015-07-10", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2015-07-10T13:26:59.407Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "26"}
, "answeringDeptShortName" : {"_value" : "Business, Innovation and Skills"}
, "answeringDeptSortName" : {"_value" : "Business, Innovation and Skills"}
, "date" : {"_value" : "2015-07-02", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Coal: Export Credit Guarantees"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Business, Innovation and Skills, what steps he is taking to secure OECD agreement to stop OECD members supporting coal projects overseas through export credit agencies.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4013", "label" : {"_value" : "Biography information for Mr Gavin Shuker"}
}
, "tablingMemberConstituency" : {"_value" : "Luton South"}
, "tablingMemberPrinted" : [{"_value" : "Mr Gavin Shuker"}
], "uin" : "5414"}
, {"_about" : "http://data.parliament.uk/resources/173873", "AnsweringBody" : [{"_value" : "Department for Business, Innovation and Skills"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/173873/answer", "answerText" : {"_value" : " The table below shows the value and type of export credit financing support provided under its medium and long term products by UK Export Finance for projects in the coal mining sector in each year between 2010/11 and 2013/14.<\/p> <\/p> <\/p> <\/p> 2010/11<\/strong><\/p><\/td> 2011/12<\/strong><\/p><\/td> 2012/13<\/strong><\/p><\/td> 2013/14<\/strong><\/p><\/td> 2014/15<\/strong><\/p><\/td><\/tr> Value (£)<\/strong><\/p><\/td> 0<\/p><\/td> 13,551,029<\/p><\/td> 53,627,280<\/p><\/td> 0<\/p><\/td> 0<\/p><\/td><\/tr> Type of support<\/strong><\/p><\/td> N/A<\/p><\/td> Guarantee<\/p><\/td> Guarantee<\/p><\/td> N/A<\/p><\/td> N/A<\/p><\/td><\/tr><\/tbody><\/table> <\/p> <\/p> <\/p> Further details of the support provided were published in UK Export Finance\u2019s Annual Report and Accounts for 2011/12 and 2012/13.<\/p> <\/p> <\/p> <\/p> Under its products aimed at supporting exports of goods and services sold on short terms of credit (e.g. light manufactured items), UK Export Finance does not routinely record the sector of the overseas buyer. However, to the best of its knowledge, UK Export Finance has not provided support under these products that directly relates to the coal mining sector.<\/p> <\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4070", "label" : {"_value" : "Biography information for Matt Hancock"}
}
, "answeringMemberConstituency" : {"_value" : "West Suffolk"}
, "answeringMemberPrinted" : {"_value" : "Matthew Hancock"}
, "dateOfAnswer" : {"_value" : "2015-01-27", "_datatype" : "dateTime"}
, "groupedQuestionUIN" : {"_value" : "220903"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2015-01-27T12:49:36.573Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "26"}
, "answeringDeptShortName" : {"_value" : "Business, Innovation and Skills"}
, "answeringDeptSortName" : {"_value" : "Business, Innovation and Skills"}
, "date" : {"_value" : "2015-01-15", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Coal: Export Credit Guarantees"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Business, Innovation and Skills, what the (a) type and (b) value of support provided by UK Export Finance for projects, goods or services supplied to the coal mining sector was in (i) 2010-11, (ii) 2011-12, (c) 2012-13 and (d) 2013-14.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/389", "label" : {"_value" : "Biography information for Caroline Flint"}
}
, "tablingMemberConstituency" : {"_value" : "Don Valley"}
, "tablingMemberPrinted" : [{"_value" : "Caroline Flint"}
], "uin" : "220902"}
, {"_about" : "http://data.parliament.uk/resources/173874", "AnsweringBody" : [{"_value" : "Department for Business, Innovation and Skills"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/173874/answer", "answerText" : {"_value" : " The table below shows the value and type of export credit financing support provided under its medium and long term products by UK Export Finance for projects in the coal mining sector in each year between 2010/11 and 2013/14.<\/p> <\/p> <\/p> <\/p> 2010/11<\/strong><\/p><\/td> 2011/12<\/strong><\/p><\/td> 2012/13<\/strong><\/p><\/td> 2013/14<\/strong><\/p><\/td> 2014/15<\/strong><\/p><\/td><\/tr> Value (£)<\/strong><\/p><\/td> 0<\/p><\/td> 13,551,029<\/p><\/td> 53,627,280<\/p><\/td> 0<\/p><\/td> 0<\/p><\/td><\/tr> Type of support<\/strong><\/p><\/td> N/A<\/p><\/td> Guarantee<\/p><\/td> Guarantee<\/p><\/td> N/A<\/p><\/td> N/A<\/p><\/td><\/tr><\/tbody><\/table> <\/p> <\/p> <\/p> Further details of the support provided were published in UK Export Finance\u2019s Annual Report and Accounts for 2011/12 and 2012/13.<\/p> <\/p> <\/p> <\/p> Under its products aimed at supporting exports of goods and services sold on short terms of credit (e.g. light manufactured items), UK Export Finance does not routinely record the sector of the overseas buyer. However, to the best of its knowledge, UK Export Finance has not provided support under these products that directly relates to the coal mining sector.<\/p> <\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4070", "label" : {"_value" : "Biography information for Matt Hancock"}
}
, "answeringMemberConstituency" : {"_value" : "West Suffolk"}
, "answeringMemberPrinted" : {"_value" : "Matthew Hancock"}
, "dateOfAnswer" : {"_value" : "2015-01-27", "_datatype" : "dateTime"}
, "groupedQuestionUIN" : {"_value" : "220902"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2015-01-27T12:49:36.747Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "26"}
, "answeringDeptShortName" : {"_value" : "Business, Innovation and Skills"}
, "answeringDeptSortName" : {"_value" : "Business, Innovation and Skills"}
, "date" : {"_value" : "2015-01-15", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Coal: Export Credit Guarantees"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Business, Innovation and Skills, what the (a) type and (b) value of support provided by UK Export Finance was for projects, goods or services supplied to the coal mining sector in this financial year to date.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/389", "label" : {"_value" : "Biography information for Caroline Flint"}
}
, "tablingMemberConstituency" : {"_value" : "Don Valley"}
, "tablingMemberPrinted" : [{"_value" : "Caroline Flint"}
], "uin" : "220903"}
], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 8, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]}
}
|