Liz Truss has now lobbied for a UK role in projects linked to the Mozambique genocide – POLITICO

Britain was due to host the UN COP26 climate conference in Glasgow the following year and the project had become a totem battle between governments that wanted to proceed and those that did not, a former senior official said.

On one side were cabinet ministers who argued that “this is not appropriate as the UK is a COP compliant country fighting climate change”. [that] “This is how taxpayers’ money is being spent,” he explained. [UK Export Finance] There are a lot of other countries doing this, so they should be able to raise as much money as they want.'”

Truss was very eager to get this done, the former official said. The then Trade Secretary argued that if the UK did not support the project, the opportunity would be missed and that if the UK did not support it, China would support it. Liz was like, “No, no, we do this.”

Truss declined to comment for this article.

Reputational risk to the UK

On June 10, 2020, Truss signed off on $1.15 billion in funding for the TotalEnergies LNG project, approved by then-Chancellor Rishi Sunaks.

The support, which is yet to be determined, will be provided through UK Export Finance, where banks will underwrite loans to UK businesses working on projects and, in some cases, provide their own direct financing to those businesses.

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