Climate Change: Finance
Commons · Question 8591 · Tabled 10 Jun 2026 · Foreign, Commonwealth and Development Office · Official record
Answered 18 Jun 2026
Question
Asked by Wendy Morton
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, how much of the £1 billion climate initiative announced at the Global Partnerships Conference will be funded from existing ODA budgets; and how much will constitute new expen
Answer
Answered by Chris Elmore, 18 Jun 2026
British International Investment (BII) will invest over £1 billion over the next five years through a new climate initiative called British Climate Partners (BCP), expected to unlock an additional £3.5 billion in private capital over the lifetime of the i...