To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment he has made of the potential effect of the reduction in official development assistance spending on the UK's role in protecting the (a) global marine environment and (b) livelihoods which depend on it.
6 July 2021
The huge impact of the pandemic on the UK economy has forced us to take tough but necessary decisions, including temporarily reducing the overall amount we spend on aid to 0.5% of GNI. We will remain a world-leading development donor and are on track to spend more than £10 billion this year to fight poverty, tackle climate change and improve global health.
The UK has committed to doubling its International Climate Finance (ICF) to £11.6 billion over 5 years from 2021/22 to 2025/26. Following a thorough review, the Foreign Secretary has allocated FCDO's ODA in accordance with UK strategic priorities, focusing our investment and expertise where the UK can make the most difference and achieve maximum strategic coherence, impact, and value for money. We are scaling up our support for the global marine environment, including establishing a new £500 million Blue Planet Fund to help countries protect and restore the marine environment and reduce poverty. We are leading efforts to protect at least 30% of the global ocean by 2030. Under our G7 Presidency, all G7 members have agreed to support this global "30 by 30" target.