Climate Change: Finance

(asked on 27th November 2023) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Minister of State, Foreign, Commonwealth and Development Office, what steps he is taking to encourage his international counterparts to increase their share of adaptation finance in line with the COP26 target to double adaptation finance by 2025.


Answered by
Andrew Mitchell Portrait
Andrew Mitchell
Minister of State (Foreign, Commonwealth and Development Office) (Minister for Development)
This question was answered on 5th December 2023

At COP26, the UK COP Presidency secured a commitment from developed countries to at least double adaptation finance for developing countries by 2025. The UK is working with developed countries and multilateral providers to raise ambition on adaptation finance to meet this goal. We welcome recommendations from the Organization for Economic Cooperation and Development on scaling up adaptation finance, including through improved coordination between providers, integrated planning approaches, and by continuing to mainstream adaptation into national budgets. Recently, the UK co-hosted the Third Climate and Development Ministerial to focus on improving access to adaptation finance for those countries most affected by climate change.

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