Kerry McCarthy – 2014 Parliamentary Question to the Foreign and Commonwealth Office

The below Parliamentary question was asked by Kerry McCarthy on 2014-05-01.

To ask the Secretary of State for Foreign and Commonwealth Affairs, what steps he is taking to achieve agreement at the UN climate summit in September 2014 on the amount of finance that will be pledged to assist developing countries with their climate actions.

Mark Simmonds

The UK is actively engaged in discussions on preparations for the UN Secretary General’s climate summit in September 2014. We welcome this opportunity to further build international momentum to tackle climate change, and towards a new global, legally-binding climate agreement in 2015.

The UK is committed to the goal of jointly mobilising USD 100 billion of climate finance per year by 2020 from a range of public, private and alternative sources, and encourages all countries to work on strategies for scaling up climate finance. The UK is also actively supporting the development of the Green Climate Fund (GCF), which we hope will be ready for initial resource mobilisation in 2014. The UK’s International Climate Fund (£3.87 billion of UK public funds provided by the Department for International Development, Department of Energy and Climate Change and the Department for Environment Food and Rural Affairs, in 2011-16) already supports a range of adaptation, low carbon development and innovative finance projects to assist developing countries with their climate actions.