Question to the Foreign, Commonwealth & Development Office:
To ask His Majesty's Government whether they plan to match the current funding level of £11.6 billion for climate finance in the developing world over the past five years for the next five years; and whether they intend to maintain and protect the previously ringfenced portion of that finance for nature-based solutions.
Over the next three years, the UK will spend around £6bn of ODA as International Climate Finance (ICF). We will balance support between mitigation and adaptation and maintain a focus on nature. By using different instruments and levers, we will aim to generate an additional £6.7bn of UK backed climate and nature positive investments and to mobilise billions more in private finance.