Written question asked by Baroness Brown of Silvertown (Labour) on Thursday, 13 October 2022, in the House of Commons. It was due for an answer on Monday, 17 October 2022. It was answered by Vicky Ford (Conservative) on Tuesday, 25 October 2022 on behalf of the Foreign, Commonwealth and Development Office.

Climate Change: International Assistance

Question: To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether he plans to further support the African Development Bank commitment to provide $25 billion of climate financing by 2025 including the commitment for at least 50 per cent of such financing to be for climate adaptation.

Answer: The African Development Bank (AfDB) is a long-standing and strategic partner of the UK. We welcome the Bank's target to provide 40% of its finance for climate change, and at least 50% of this for adaptation. We are currently the largest donor to the African Development Fund, which provides such finance to the poorest countries across the Continent. At COP26 we announced our Room to Run Guarantee that will allow the Bank to provide up to US$2 billion of additional financing for climate change over the next four years, to countries such as Egypt and South Africa.

Secondary information