Climate Change

Energy and Climate Change written question – answered on 1st November 2010.

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Photo of Mark Lazarowicz Mark Lazarowicz Shadow Minister (International Development)

To ask the Secretary of State for Energy and Climate Change how much funding he plans to allocate to international climate finance programmes in each year from 2010-11 to 2014-15.

Photo of Gregory Barker Gregory Barker The Minister of State, Department of Energy and Climate Change

The UK has committed to providing £1.5 billion in fast start finance over the period 2010-2012 for both mitigation and adaptation action. A total of £511 million has so far been approved for specific multilateral programmes (subject to demonstration of value for money and results). DECC's contribution to this figure is £250 million.

The spending review provides a total of £2.9 billion of international climate finance-called the International Climate Fund (ICF)-over the spending review period. The fund will be managed collectively by the relevant Departments. From DECC's budget, we will contribute £1 billion of the total. Ministers will decide on allocations from the ICF, including the specific programmes on which the ICF will be spent, at a later stage.

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