Biodiversity: Finance
The question
To ask the Chancellor of the Exchequer, what steps she is taking with Cabinet colleagues to meet commitments to contribute to the global target of $30 billion a year in international financial resources for biodiversity by 2030 under the Global Biodiversity Framework.
Answered by Emma Reynolds
The Government is committed to fulfilling its obligations under the Global Biodiversity Framework, working to halt and reverse biodiversity loss. The Government recognises the importance of the collective global target of mobilising at least $30 billion per year in international financial resources for biodiversity, part of the broader commitment to mobilise $200 billion per year from all sources of finance by 2030.
The Government continues to support developing countries on climate and nature action through the UK’s International Climate Finance. We will set out our spending plans for future years following the completion of the Spending Review and departmental resource allocation processes.
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