Oct. 10 2024
Source Page: UK International Climate Finance results 2024Found: UK International Climate Finance results 2024
Asked by: Chris Law (Scottish National Party - Dundee Central)
Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, with reference to the report entitled The state of food security and nutrition in the world 2024 by the Food and Agriculture Organisation of the United Nations, published in August 2024, what steps his Department plans to take to support initiatives to close the financing gap for food security and nutrition.
Answered by Anneliese Dodds - Minister of State (Foreign, Commonwealth and Development Office)
We are harnessing more and better-deployed finance for food, agriculture and nutrition. At the G20 Development Ministers Meeting in July, I announced the UK would join the Global Alliance against Hunger and Poverty to work in partnership to unlock much needed finance. We also support the G7 Apulia Food Systems Initiative which seeks to improve public and private funding for food security. We work to unlock climate finance, push multilateral development banks to stretch their balance sheets, provide technical assistance and finance to bring in more private sector investment, and support the reform of subsidies for more sustainable agriculture.
Aug. 15 2024
Source Page: UKEF puts €22 million loan behind Angolan clean water projectFound: UK Export Finance (UKEF) has announced a €22 million direct loan to support the construction of a rural
Jul. 25 2024
Source Page: Britain back open for business, Chancellor to tell G20Found: taking office First female Chancellor to champion the importance of female leadership in economics and finance
Asked by: Baroness Anelay of St Johns (Conservative - Life peer)
Question to the Foreign, Commonwealth & Development Office:
To ask His Majesty's Government what steps they are taking to support initiatives to close the financing gap for food security and nutrition, further to the report The State of Food Security and Nutrition in the World 2024, published in July by the World Food Programme, the Food and Agriculture Organization of the UN, the International Fund for Agricultural Development, UNICEF and the World Health Organisation; and what assessment they have made of the projection that 582 million people will be chronically food insecure by 2030.
Answered by Lord Collins of Highbury - Lord in Waiting (HM Household) (Whip)
We are committed to addressing global food insecurity and malnutrition. This includes the financing gap identified in the State of Food Security and Nutrition in the World report. We work to unlock climate finance, push multilateral development banks to stretch their balance sheets, provide technical assistance and finance to bring in more private sector investment, and support the reform of subsidies for more sustainable agriculture. This must be done in partnership. We will join the Global Alliance against Hunger and Poverty, to accelerate action and unlock finance, and support the G7 Apulia Food Systems Initiative which seeks innovative financing solutions.
Asked by: Lord Frost (Conservative - Life peer)
Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government how much funding has been provided to the Green Finance Institute in each of the past five fiscal years; and whether any of the directors of the company are appointed by the Government.
Answered by Lord Hunt of Kings Heath - Minister of State (Department for Energy Security and Net Zero)
The Green Finance Institute was launched in 2019 to accelerate the transition to a sustainable economy. They are an independent private company that partner with financial organisations, corporates, NGOs, policymakers, academics and civil society experts. Their output supports several Government priorities across climate change, nature, international development, and economic growth.
Government has provided the following funding to the Green Finance Institute for a range of specific outputs to support Government policy making. Between 2019-2022 the Government provided a grant to support the establishment of the Green Finance Institute.
FY 2019-2020: £650,000
FY 2020-2021: £650,000
FY 2021-2022: £890,000 of which £650,000 was the core grant, and £240,000 was for specific projects
Since 2022 the Government has provided a grant to support specific projects through the Green Finance Institute.
FY 2022-2023: £1,565,500
FY 2023-2024: £1,460,467
TOTAL FY 2019-2024: £5,215,967
The Department for Environment, Food and Rural Affairs provide funding directly to a separate entity, called the GFI PMO Ltd, which was set up to host the Secretariat for the Taskforce on Nature-related Financial Disclosures. To date, this funding amounts to:
FY 2021-22: £801,855
FY 2022-23: £1,155,000
FY 2023-24: £910,000
No directors of the Green Finance Institute Ltd (previously known as the Green Finance Initiative Ltd) or the GFI PMO have been appointed by the Government.
Nov. 06 2024
Source Page: Joint Communiqué: Nigeria-United Kingdom Strategic PartnershipFound: and skills acquisition where appropriate, as well as cooperation on climate change and inclusive and sustainable
Oct. 10 2024
Source Page: UK International Climate Finance results 2024Found: UK International Climate Finance results 2024
Asked by: Sharon Hodgson (Labour - Washington and Gateshead South)
Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what discussions he has had with his international counterparts on strengthening global food security.
Answered by Anneliese Dodds - Minister of State (Foreign, Commonwealth and Development Office)
Delivering development through partnerships is core to the government's mission to help create a world free from poverty on a liveable planet.
At the G20 Development Ministers Meeting, I endorsed the Global Alliance against Hunger and Poverty to promote partnerships and long-term solutions to tackling hunger and poverty and unlock much-needed finance. At the Hamburg Sustainability Conference, I engaged in discussions on financing development and reforming the global financial system for greater progress on the Sustainable Development Goals. This is alongside regular engagement with key international partners on food, agriculture and finance through the UK's bilateral and multilateral work.
Oct. 17 2024
Source Page: Transition Finance Market Review launchFound: Transition Finance Market Review launch