Climate Change: Finance
The question
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment he has made of the potential impact of proposed reductions in official development assistance on the UK contribution to international climate finance.
Answered by Stephen Doughty
The impact on international climate finance is being worked through following the decision to reduce UK Official Development Assistance (ODA) from 0.5 per cent of GNI today to 0.3 per cent in 2027. We will be taking a rigorous approach to ensure all ODA delivers value for money and will set out our spending plans following the completion of the Spending Review and departmental resource allocation process.
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