Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, with refence to the Answer of 1 May 2024 to Question 23837 on World Bank: Climate Change, whether he expects all new financial flows to be aligned with the Paris Agreement by July 2025.

The World Bank Group's International Development Association and International Bank of Reconstruction and Development have aligned all their new financial operations with the Paris Agreement since 1 July 2023. The Group has committed to align the rest of its institutions, the International Financial Corporation and the Multilateral Investment Guarantee Agency, with the Paris agreement in their new financial operations from 1 July 2025.