Climate Change: Compensation
The question
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what steps his Department has taken to review the adequacy of revenue raising mechanisms for climate reparations ahead of COP30 in Belem.
Answered by Anneliese Dodds
Countries in the Global South are disproportionately affected by the impacts of climate change, and we are committed to partnering with these countries to address the climate and nature crisis and accelerate the clean energy transition.
We are committed to helping deliver global climate finance, including the New Collective Quantified Goal agreed at COP29 of at least $300 billion per year to developing countries by 2035, and responding to the wider call on all actors to increase climate finance to developing countries to £1.3 trillion per year. As part of that effort, we consider specific revenue raising mechanisms on a case-by-case basis, and we are pressing for faster and more ambitious reforms to the global financial system to deliver much more and higher quality climate and development finance. This is not about reparations. The UK government's position on reparations has not changed.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →