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Written question asked by Baroness Ritchie of Downpatrick (Labour) on Monday, 14 November 2022, in the House of Lords. It was due for an answer on Monday, 28 November 2022. It was answered by Lord Goldsmith of Richmond Park (Conservative) on Wednesday, 16 November 2022 on behalf of the Foreign, Commonwealth and Development Office.


Climate Change: Finance

Question

To ask His Majesty's Government what is the source of increased funding for climate adaptation announced by the Prime Minister at COP27 on 7 November; and whether this funding will be taken from (1) the Overseas Aid Budget, or (2) the funding previously announced at COP26.

Answer

The increased funding for climate adaptation announced by the Prime Minister at COP27 is part of the UK's overall £11.6 billon International Climate Finance (ICF) commitment. All UK ICF is Official Development Assistance, in accordance with the Organisation for Economic Cooperation and Development (OECD) rules and forms part of the UKs overseas aid budget.


Secondary information

Type
Written question
Reference
HL3379
Session
2022-23
Subjects
Climate change Development aid Finance Climate Change Convention
Link
View this Written question on www.parliament.uk