Question to the Foreign, Commonwealth & Development Office:

To ask the Deputy Foreign Secretary, whether he has had discussions with the World Bank Group on its commitment to fully align its non-sovereign operations since 1 January 2024.

At the recent World Bank Spring Meetings on 17-19 April, the Deputy Foreign Secretary discussed the World Bank commitment to scale up financing for climate change with Bank management. For its non-sovereign operations, the World Bank is on track to achieve its commitment to ensure all new financial flows are aligned with the Paris Agreement by July 2025. At the end of 2023, this figure stood at 95 per cent, well ahead of the 85 per cent target.