– 2016 Parliamentary Question to the Department for Energy and Climate Change
The below Parliamentary question was asked by on 2016-06-07.
To ask Her Majesty’s Government whether they still regard the risk of a funding shortfall in the Clean Technology Fund as high”
Lord Bourne of Aberystwyth
The Climate Investment Funds (CIF) Administrative Unit and Multilateral Development Banks have reviewed the Clean Technology Fund (CTF) pipeline to identify projects that are no longer likely to go ahead and have assessed the impact of this on the expected shortfall. A paper on this will be presented at the forthcoming June 2016 CIF Trust Fund Committee meetings.
A decision on when the CIF will review its sunset clause is expected to be made at the June CIF Trust Fund Committee meetings.
