The UK government has committed to provide at least £5.8 billion of International Climate Finance between 2016 and 2020 to help developing countries respond to the challenges and opportunities of climate change.
Alongside other developed countries, the UK has committed to jointly mobilise $100bn per year in climate finance to developing countries from public and private sources.
This was instrumental in securing the landmark Paris Agreement.
As part of this commitment, the UK pledged to provide at least £5.8bn of International Climate Finance (ICF) between 2016 and 2020.
This is official development assistance from DFID, BEIS and Defra.
UK ICF is helping to deliver the four aims of the UK aid strategy:
- strengthening global peace, security and governance
- strengthening resilience and response to crises
- promoting global prosperity
- tackling extreme poverty and helping the world’s most vulnerable
If left unchecked, climate change will undo the progress made globally to meet the Sustainable Development Goals (SDGs).
UK ICF directly supports the SDGs on climate action and affordable and clean energy, as well as indirectly supporting many others.
UK ICF is supporting investments in low- and middle-income countries in Africa, Asia, Latin America, and the Caribbean.
UK ICF is helping to build the resilience of the poorest people and communities, support low carbon and climate resilient infrastructure, and protect and sustainably manage forests.
Visit the ICF page on gov.uk for more information and case studies of ICF investments.
The ICF works with a wide range of delivery partners, multilateral climate change funds, governments, civil society organisations, and the private sector in different contexts and sectors.