Oral Answers to Questions
Debate between Lord Sharma and Andrew Mitchell(1 year, 9 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Sir Alok Sharma (Reading West) (Con)
Can the Foreign Secretary confirm that the Government remain fully committed to deploying £11.6 billion of international climate finance up to March 2026? Will he also commit to setting out the annual projections for ICF spending over the next three years and, if possible, a breakdown between mitigation and adaptation finance?
The Minister of State, Foreign, Commonwealth and Development Office (Mr Andrew Mitchell)
My right hon. Friend knows a great deal about this subject, and has done an enormous amount. The Prime Minister announced at COP that Britain would stand by the commitment to spend £11,600 million on climate finance through the ICF, and yesterday there was a cross-Whitehall meeting with Ministers involved in the programme to discuss how that would be done. I will try to establish how much we can put into the public domain about those plans, as my right hon. Friend suggests, but I should emphasise that the pipeline of high-quality eligible projects is extremely important.