Climate Change: Finance

(asked on 22nd May 2023) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what steps he is taking to ensure that funding for climate adaptation is directed to countries that need it most.


Answered by
Anne-Marie Trevelyan Portrait
Anne-Marie Trevelyan
Minister of State (Foreign, Commonwealth and Development Office)
This question was answered on 31st May 2023

At COP27 the UK committed to triple its adaptation climate finance from £500 million in 2019 to £1.5 billion a year by 2025, building on £2.4 billion of International Climate Finance spent from 2016-2020 on climate adaptation. The UK also committed to helping climate vulnerable countries to better access finance through a new approach being pioneered by the UK co-led Taskforce on Access to Climate Finance. These investments are helping the most vulnerable adapt and build resilience to climate change.

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