VerbatimParliament, as it happens

Climate Change: Finance

Asked by Harriet CrossConservativeDepartment for Energy Security and Net ZeroTabled Answered 18 December 2024UIN 19573

The question

To ask the Secretary of State for Energy Security and Net Zero, what the potential cost to the public purse is of the Government’s international climate finance commitments since July 2024; and if he will make an assessment of the potential impact of this spending on the funding available for energy infrastructure projects.

Answered by Kerry McCarthy

The Government has made a number of spending commitments since July to deliver the UK’s pledge, announced in 2019, to spend £11.6 billion in International Climate Finance (ICF) between April 2021 and March 2026. The £11.6 billion commitment is from the UK’s Official Development Assistance budget, currently set on a temporary basis at 0.5% per cent of Gross National Income.

Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →

Open this question in Verbatim →

Every written question, searchable

155,000 questions tabled since the election, with the answer each department gave — and the ones still unanswered, with the clock running. Free to search.

Search written questions →Read on Verbatim