Climate Change: Finance
Commons · Question 8592 · 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, what estimate she has made of the amount of private capital expected to be mobilised annually through the climate initiative announced at the Global Partnerships Conference.
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...