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Add to Preferred SourcesThe 2018 International Climate Finance (ICF) results illustrate the impact of UK investments in tackling climate change and protecting vulnerable people.
ICF supports international poverty eradication now and in the future by supporting investments that have lower carbon emissions such as clean energy, and by helping developing countries build resilience to the impacts of climate change.
The UK has committed to spend at least £5.8 billion on this effort between 2016 and 2021, through DFID, BEIS, and Defra. The government can announce the latest set of results that show this work has:
- Supported 47 million people to cope with the effects of climate change – equivalent to the population of Spain
- Provided 17 million people with improved access to clean energy
- Reduced or avoided 10.4 million tonnes of greenhouse gas (GHG) emissions (tCO2e) – approximately equivalent to the yearly emissions of 2.5 million cars
- Installed 590 MW of clean energy capacity
- Mobilised £3.3 billion public and £910 million private finance for climate change purposes in developing countries.
“Today’s results show further progress in tackling climate change for the people around the world who are affected most by the devastating impact on their communities and livelihoods. Extreme climates cause devastating drought and hunger, and these results reflect the immense impact UK aid is having in supporting some of the world’s poorest and most fragile countries. At the same time, we are helping to make the world safer and cleaner which benefits us all here in the UK,” said Minister of State for International Development, Harriett Baldwin.
“The UK continues to demonstrate our leadership in dealing with global environmental issues. Climate change is a cross-cutting issue with inextricable links between forests, climate, people and ecosystem services. These results demonstrate the importance of international climate finance and the impacts that we can have worldwide when we deliver this finance effectively. The UK will continue to support countries to protect the world’s most biodiverse forests and contribute to development that is sustainable,” said Environment Minister, Thérèse Coffey.
Original source: DFID
Published on 6 July 2018