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.
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.