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<p>The Prime Minister, with other G7 leaders, recently reaffirmed their commitment to jointly mobilise USD $100 billion of climate finance a year by 2020 from a wide variety of sources, both public and private, and that they stand ready to engage proactively in the negotiations of the finance provisions of the Paris outcome. The UK has a strong track record on climate finance and is meeting its commitments, for example committing £3.87bn through the International Climate Fund (ICF) in this spending review period. Climate finance commitments beyond 2015/16 will be determined through the forthcoming Spending Review process.</p> |