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Prosperity Fund

Volume 661: debated on Thursday 6 June 2019

10. What steps he is taking to ensure that aid spent through the prosperity fund is focused on poverty reduction. (911166)

The primary purpose of the prosperity fund is reducing poverty through inclusive economic growth. Departments that execute prosperity fund programmes are responsible for ensuring that they meet the requirements of the International Development (Official Development Assistance Target) Act 2015.

Between 2016 and 2018, the prosperity fund financed 16 fossil fuel projects across the world, including two in fracking. Is not this obsession with fossil fuels, despite the fine words of the Secretary of State, just confirmation that this Government could not care less about addressing the climate emergency, which is, after all, one of the biggest threats to alleviating world poverty?

These funds are obviously administered by other Government Departments in compliance with the wording of the Act, so I am not seized of the specifics of what the hon. Gentleman refers to. He will know that we do need to work together as a world to reduce emissions. One of the ways in which we are doing that is to encourage people to power past coal. Often we can do that by substituting less polluting fossil fuels. It may be in that context that these disbursements were made.