Climate Change: International Cooperation
The question
To ask the Secretary of State for Energy Security and Net Zero, what steps the Government is taking to secure further International Climate Finance commitments from member states at COP29.
Answered by Kerry McCarthy
This Government is committed to restoring the UK’s global leadership on climate and nature. We are honouring the existing commitment on our pledge to spend £11.6bn in International Climate Finance between April 2021 and March 2026 including at least £3bn on nature, from which £1.5bn will be dedicated to protecting and restoring forests. In doing so, we can encourage member states at COP29 to follow our example. Public finance will continue to be key, but we cannot act alone. A concerted and sustained global effort to boost finance from all sources is necessary.
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