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The government is pumping billions of pounds into overseas fossil fuel projects that could emit up to 69 million tonnes of greenhouses gases every year, an investigation has found.
Earlier this week, the prime minister announced an immediate end to the use of UK taxpayers’ money to support coal mining and coal-fuelled power stations in developing countries in a bid to limit climate change and protect biodiversity.
However environmentalists called on Boris Johnson to also put an end to UK funding of overseas gas and oil energy projects – something he said the country would continue to support.
An investigation has revealed that UK Export Finance (UKEF), a small government agency in the Department for International Trade, has helped finance oil and gas projects that could emit up to 69 million tonnes of carbon every year.
This figure – which is said to be a “worst case scenario” – is equivalent to the amount emitted by a country the size of Portugal.
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10/20 London, England
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11/20 New South Wales, Australia
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20/20 California
This decade may have seen horrors but it has led to an understanding that the next decade must see change if human life is to continue
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1/20 Athens, Greece
In this decade, humans have become ever more aware of climate change. Calls for leaders to act echo around the globe as the signs of a changing climate become ever more difficult to ignore
AFP/Getty
2/20 California
Fierce wildfires have flared up in numerous countries. The damage being caused is unprecedented: 103 people were killed in wildfires last year in California, one of the places best prepared, best equipped to fight such blazes in the world
Getty
3/20 Redding, California
Entire towns have been razed. The towns of Redding and Paradise in California were all but eliminated in the 2018 season
AP
4/20 Athens, Greece
While wildfires in Greece (pictured), Australia, Indonesia and many other countries have wrought chaos to infrastructure, economies and cost lives
AFP/Getty
5/20 Carlisle, England
In Britain, flooding has become commonplace. Extreme downpours in Carlisle in the winter of 2015 saw the previous record flood level being eclipsed by two feet
AFP/Getty
6/20 Hebden Bridge, England
Hebden Bridge in West Yorkshire has flooded repeatedly in the past decade, with the worst coming on Christmas Day 2015. Toby Smith of Climate Visuals, an organisation focused on improving how climate change is depicted in the media, says: "Extreme weather and flooding, has and will become more frequent due to climate change. An increase in the severity and distribution of press images, reports and media coverage across the nation has localised the issue. It has raised our emotions, perception and personalised the effects and hazards of climate change."
Getty
7/20 Somerset, England
Out west in Somerset, floods in 2013 led to entire villages being cut off and isolated for weeks
Getty
8/20 Dumfries, Scotland
"In summer 2012, intense rain flooded over 8000 properties. In 2013, storms and coastal surges combined catastrophically with elevated sea levels whilst December 2015, was the wettest month ever recorded. Major flooding events continued through the decade with the UK government declaring flooding as one of the nation's major threats in 2017," says Mr Smith of Climate Visuals
Getty
9/20 London, England
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PA
10/20 London, England
Months after the cold snap, a heatwave struck Britain, rendering the normally plush green of England's parks in Summer a parched brown for weeks
AFP/Getty
11/20 New South Wales, Australia
Worsening droughts in many countries have been disastrous for crop yields and have threatened livestock. In Australia, where a brutal drought persisted for months last year, farmers have suffered from mental health problems because of the threat to their livelihood
Reuters
12/20 Tonle Sap, Cambodia
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Carlo Frem/Amazon
13/20 Addis Ababa, Ethiopia
In reaction to these harbingers of climate obliteration, some humans have taken measures to counter the impending disaster. Ethiopia recently planted a reported 350 million trees in a single day
AFP/Getty
14/20 Morocco
Morocco has undertaken the most ambitious solar power scheme in the world, recently completing a solar plant the size of San Francisco
AFP/Getty
15/20 London, England
Electric cars are taking off as a viable alternative to fossil fuel burning vehicles and major cities across the world are adding charging points to accomodate
AFP/Getty
16/20 Purmerend, The Netherlands
Cities around the world are embracing cycling too, as a clean (and healthy) mode of transport. The Netherlands continues to lead the way with bikes far outnumbering people
Jeroen Much/Andras Schuh
17/20 Xiamen, China
Cycling infrastructure is taking over cities the world over, in the hope of reducing society's dependency on polluting vehicles
Ma Weiwei
18/20 Chennai, India
Despite positive steps being taken, humans continue to have a wildly adverse effect on the climate. There have been numerous major oil spills this decade, the most notable being the BP oil spill in the Gulf of Mexico in 2010
AFP/Getty
19/20 Amazon rainforest, Brazil
More recently, large swathes of the Amazon rainforest were set alight by people to clear land for agriculture
AFP/Getty
20/20 California
This decade may have seen horrors but it has led to an understanding that the next decade must see change if human life is to continue
Getty
The joint probe by BBC Newsnight and Unearthed – Greenpeace’s investigations unit – also discovered UKEF has financed £6bn of fossil fuel projects around the world since 2010.
The money has helped fund schemes including oil wells and oil refineries in places such as Brazil and Oman, according to the investigation.
Last year, the government was accused of “utter hypocrisy” after rejecting calls from MPs to stop spending billions on overseas fossil fuel projects while claiming to be a leader in the fight against global warming.
Parliament’s Environmental Audit Committee (EAC) warned Britain was sabotaging its climate credentials by paying out “unacceptably high” oil and gas subsidies in developing nations.
Reacting to the investigation’s revelations, Kerry McCarthy MP, a Labour member of the EAC, tweeted: “The government’s efforts to reach climate targets here in the UK count for virtually nothing if they’re spending £billions of UK taxpayers money on funding fossil fuel projects around the world, locking other countries into high carbon dependency for decades to come.”
Caroline Lucas MP, former leader of the Green Party, tweeted: “The prime minister’s promise of no more money for coal is hollow greenwash when UK export finance for oil & gas deals rose 5-fold in 2018/19.
“We’re hosting the UN climate summit @COP26 in November while fuelling dirty energy around the world. This is not climate leadership.”
Sam Hall, director of the Conservative Environment Network (CEN), said the government should “set a date for phasing out support for fossil fuel projects via UKEF” before the climate summit in Glasgow.
He added that the financial support was “undermining the amazing progress the UK is making on decarbonisation elsewhere”.
UKEF told BBC Newsnight: “We are committed to working with countries across the world to unlock their renewable energy potential and support their transition away from fossil fuels to cleaner alternatives.”
The Independent has approached UKEF for comment.


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