On 30th June 2015 the Bishop of Salisbury, Rt Revd Nick Holtam, received a written answer to a question on the Government’s future climate finance plans.
The Lord Bishop of Salisbury: To ask Her Majesty’s Government what plans they have to address the issue of climate finance at the forthcoming United Nations Climate Change conference in Paris; and whether they plan to commit the United Kingdom to budgeting for climate finance arrangements up to 2020. [HL656]
Lord Bourne of Aberystwyth: 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.