Question

To ask Her Majesty’s Government what plans they have to address the issue of climate finance at the forthcoming United Nations Climate Change conference in Paris; and whether they plan to commit the United Kingdom to budgeting for climate finance arrangements up to 2020.

The Prime Minister, with other G7 leaders, recently reaffirmed their commitment to jointly mobilise USD $100 billion of climate finance a year by 2020 from a wide variety of sources, both public and private, and that they stand ready to engage proactively in the negotiations of the finance provisions of the Paris outcome. The UK has a strong track record on climate finance and is meeting its commitments, for example committing £3.87bn through the International Climate Fund (ICF) in this spending review period. Climate finance commitments beyond 2015/16 will be determined through the forthcoming Spending Review process.