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Written question asked by David Simpson (Democratic Unionist Party) on Wednesday, 1 February 2017, in the House of Commons. It was due for an answer on Friday, 3 February 2017. It was answered by Nick Hurd (Conservative) on Tuesday, 7 February 2017 on behalf of the Department for Business, Energy and Industrial Strategy.


Global Innovation Lab for Climate Finance

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment the Government has made of the effectiveness of the work of the Global Innovation Lab for Climate Finance in driving investment in developing countries.

Answer

The Global Innovation Lab for Climate Finance (“the Lab”) is regularly assessed as part of standard programme evaluation. It has performed well and scored an “A” in the last Annual Review (which is publicly available). The Lab has so far catalysed $600million of investment in mitigation and adaptation instruments to climate change in developing countries.

Link to last Annual Review: https://aidstream.org/files/documents/CMCI-Annual-Review-Aug14-Jul16-20160823090802.pdf


Secondary information

Type
Written question
Reference
62662
Session
2016-17
Subjects
Climate change Developing countries Environment protection Global Innovation Lab for Climate Finance
Link
View this Written question on www.parliament.uk