Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, how much money will be allocated to nature projects as part of the International Climate Finance 4 budget; and how much of that funding will be spent in 2026-27, 2027-28 and 2028-29.
Nature is a core priority of International Climate Finance (ICF) 4 - for our policy engagement, the results we will target and for our programme investments. Through ICF 4 we will continue to prioritise protecting our vital natural ecosystems like oceans and forests and supporting governments and financial institutions to integrate nature into their economic decisions. We are focussing our attention on outcomes and do not have specific annual allocations for nature spend across the ICF 4 budget, but we expect to spend around 25 per cent of ICF4 Overseas Development Assistance on nature over the ICF 4 period.