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Committee Material Published 26 Oct 2021 ↗ View on Parliament

On the exemptions to CDC’s new fossil fuel policy, Colin Buckley, General Counsel and Head of External Affairs at CDC, told us that it would “respect the individual country road maps to net zero” as “developing countries will all have slightly different paths to get to net zero by 2030”.154

On the exemptions to CDC’s new fossil fuel policy, Colin Buckley, General Counsel and Head of External Affairs at CDC, told us that it would “respect the individual country road maps to net zero” as “developing countries will all have slightly different paths to get to net zero by 2030”.154 Type: conclusion | Number: 71 | Response status: not_addressed Government response: The exemptions are applicable to a small number of situations and are necessary to make this policy work in the real world and allow an orderly transition away from fossil fuels. They reflect the current state of renewable technologies and markets, ensure that neither taxpayers nor developing countr