Barry Gardiner – 2016 Parliamentary Question to the HM Treasury
The below Parliamentary question was asked by Barry Gardiner on 2015-12-17.
To ask Mr Chancellor of the Exchequer, what steps he will take to ensure that the UK contribution to the $100 billion of climate finance referred to in the UNFCCC Paris Agreement conforms with Article 9, Paragraph 3 of the Agreement and is additional to the 0.7 per cent of gross domestic product that constitutes the Department for International Development budget.
Greg Hands
On 27 September 2015, the Prime Minister announced that the UK will provide at least £5.8bn of climate finance in the period 2016-17 to 2020-21, a 50% increase from the £3.87bn provided in the period 2011-12 to 2015-16. In line with Article 9, Paragraph 3 of the Paris Agreement, this therefore represents “a progression beyond previous efforts”. The UK will also take into account “the needs and priorities of developing countries” in the delivery of climate finance.
The UK’s climate finance is within our commitment to provide 0.7% of Gross National Income as Official Development Assistance, recognising the strong inter-linkages between sustainable development and action to address and adapt to the effects of climate change.