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Environmental Audit Committee
Report and Government Response published.
The Environmental Audit Committee investigates the scale and impact of UK Export Finance’s financing of fossil fuels in developing countries. The inquiry examines this in light of the UK’s Clean Growth Strategy, which aims to grow national income while cutting greenhouse gas emissions. It will look at possible alternatives to fossil fuel investment and fossil fuel subsidies, and at the UK Government’s plans to respond to a growing consumption of energy in developing nations.
Evidence given by Yavuz Akturk, Director, ENKA UK Construction Limited, and Kagan Yalcın, Commercial Manager, ENKA Insaat ve Sanayi A.S..
Environmental Audit Committee report finds ‘unacceptably high’ level of support for fossil fuel projects in poorer countries