Climate Change: Loans
2026-07-22 · Department for Energy Security and Net Zero · HL2697 · Official question
Question
To ask His Majesty's Government, further to the press release of 22 July, Cheaper travel for millions with a third off fares, what the interest rates of the loans the United Kingdom will make to international climate finance projects will be; and which pr
Answer
The Government is switching £400 million of grant funding set aside for future international climate finance projects into loans, which could include projects such as the Tropical Forests Forever Facility. This provides more flexible ways to meet our inte...