To ask the Minister of State, Foreign, Commonwealth and Development Office, with reference to the press release entitled PM to call for era of action at COP28 climate summit, published on 1 December 2023, how much and what proportion of the £1.6 billion funding for climate finance will be in the form of grants.
Answered on
9 February 2024
The UK continues to provide the majority of our climate finance through grants. Our most recent external report [https://unfccc.int/documents/628264] showed that over 87 per cent of UK International Climate Finance was delivered through grants. Our expectation is that the high proportion of grant-based climate finance will continue, including for the latest announcements.
Answered by
Foreign, Commonwealth and Development Office