Climate Change: Finance
(asked on 23rd July 2026) - View Source
Question to the Foreign, Commonwealth & Development Office:
To ask His Majesty's Government how much of the total United Kingdom contribution to the International Climate Finance budget can be turned into loans.
Answered by
Lord Wood of Anfield
Parliamentary Under-Secretary (Foreign, Commonwealth and Development Office)
This question was answered on 31st July 2026
The Foreign, Commonwealth and Development Office (FCDO) uses a combination of grants and other instruments, including loans, as most appropriate to deliver the intended outcomes and provide the best value for money. No existing FCDO International Climate Finance programmes have been switched from grants to loans linked with the recent announcement of £2 bus fares.