House of Commons · Written Ministerial Statement
Department for Business and Trade Update on Export Statistics
26 March 2024 · Department for Business and Trade
Proposed by Greg Hands Con Chelsea and Fulham
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- The Department for Business and Trade is addressing overseas fossil fuel projects that received support contrary to government policy.
- Steps have been taken to rectify the issue, including implementing additional measures and checks.
- The department has written to colleagues who were provided with incorrect information.
Issue summary
The Department for Business and Trade is addressing the discovery of overseas fossil fuel projects that received support contrary to government policy.
Action requested
My department has taken steps to rectify the issue by implementing additional measures, checks, and reporting to ensure adherence to the policy. We have also written to colleagues who were given incorrect information.
Key facts
- The Government withdrew all new financial and promotional support for the fossil fuel energy sector overseas with limited exemptions.
- From April 2021 to October 2023, 134 projects worth £747 million received contravening support from departmental officials.
- These 134 projects constitute 1.00% of 13,457 projects and 1.35% of the total export value of £55.342 billion between 2021-2023.
- The projects were included in the Government’s ‘Export Wins’ data but did not receive ministerial approval.
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Assessment & feedback
Summary accuracy