Question to the Foreign, Commonwealth & Development Office:

To ask the Minister of State, Foreign, Commonwealth and Development Office, what assessment he has made of the potential impact of delays to the delivery of the $100 billion global climate finance target on negotiations at COP28.

The UK championed delivery of the collective $100 billion climate finance goal through our COP26 Presidency. We regret that the goal is being met later than expected, but welcome the Organisation for Economic Co-operation and Development (OECD) report published on 16 November, which sets out that $89.6 billion of climate finance was delivered in 2021 and states that, based on preliminary data, the $100 billion goal is likely to have been met in 2022. The UK is committed to playing its part in delivering the $100 billion goal, and will spend £11.6 billion on international climate finance by 2025/26.