Asked by: Toby Perkins (Labour - Chesterfield)
Question to the Foreign, Commonwealth & Development Office:
To ask the Deputy Foreign Secretary, whether the Government will ensure that at least 30% of the future International Climate Finance commitment will be allocated to supporting nature’s recovery.
Answered by Andrew Mitchell - Minister of State (Foreign, Commonwealth and Development Office) (Minister for Development)
We are delivering on our current International Climate Finance commitment of £11.6 billion over five years from 2021/22 to 2025/26, including at least £3 billion to be spent on development solutions that protect and restore nature. The recently published Development White Paper includes a commitment to work globally to improve the quantity, quality and accessibility of climate and nature finance. Our own future funding commitments beyond 2025/26 will be agreed through the spending review process.
Asked by: Toby Perkins (Labour - Chesterfield)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether the next round of International Climate Finance from April 2026 has already been allocated under future spending plans.
Answered by Laura Trott - Chief Secretary to the Treasury
The next round of International Climate Finance falls outside of this Spending Review period. Decisions on how spending is allocated after 2024-25, including for International Climate Finance, will be made at a future Spending Review.