Question

To ask the President of COP26, what steps he has taken to help ensure delivery of promised climate finance from (a) the UK and (b) international partners; and what steps he plans to take towards that aim over the remainder of the UK's presidency of COP.

During COP26, 95% of the largest developed country climate finance providers made new, forward-looking climate finance commitments, with many doubling or even quadrupling their support for developing countries to take climate action.We are now encouraging all climate finance providers to bring forward their Progress Update to the $100bn Delivery Plan, led by German and Canadian Ministers.

Earlier this year, alongside the incoming Egyptian Presidency of COP27 and the High-Level Champions, we announced a new independent High-Level Expert Group on scaling up investment and finance to deliver on climate ambition and development goals.

In the recently published International Development Strategy, the Government reiterated the Prime Minister’s promise to double our International Climate Finance (ICF) contribution to at least £11.6 billion between 2021-2026. This sustained commitment will ensure that UK ICF is focussed on driving rapid transformation and systemic shifts required to achieve the Paris Agreement goals and deliver on the Glasgow Climate Pact.

Following the South African Just Energy Transition Partnership announced at COP26, we confirmed at the recent G7 Leaders meeting, that we are working in partnership with four additional developing countries which want to accelerate their clean energy transitions.