Article 2YZAM Britain spent 'twice as much on overseas fossil fuels as renewables'

Britain spent 'twice as much on overseas fossil fuels as renewables'

by
Arthur Neslen
from on (#2YZAM)

Nearly half of 6.1bn energy spending in developing countries from 2010-14 went on oil, coal and gas-fired schemes, data shows

The UK has spent more than twice as much overseas support on fossil fuels projects as on renewable ones so far this decade, according to research commissioned by the Catholic aid agency Cafod.

The Overseas Development Institute, which analysed the figures, found that 46% of Britain's 6.1bn energy spending in developing countries between 2010 and 2014 went on oil, coal and gas-fired schemes, compared with 22% for renewable energy projects.

Related: Fossil fuel subsidies are a staggering $5 tn per year | John Abraham

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