Written questions

Climate Change: Finance

2026-07-22 · Foreign, Commonwealth and Development Office · HL2743 · Official question

Question

To ask His Majesty's Government which International Climate Finance programmes or projects' funding are expected to change from grant finance to loan finance; and what is the value of each change.

Answer

Through its British Climate Partners (BCP) Initiative British International Investment (BII) will principally provide equity and mezzanine finance. BII does not anticipate providing funding through BCP in the form of grants. BII plans to invest over £1 bi...