International Climate Finance: UK aid for low-carbon development
The UK’s International Climate Finance shows a convincing approach to promoting low-carbon development and has made a strong commitment to joint international action.
Read the approach paper
- PDF download (208 KB)
- Published: 14 Jun 2018
In 2014, ICAI conducted a review of the UK’s International Climate Fund which looked at climate change adaptation, low-carbon development, and forestry. This review focuses on low-carbon development to allow for a deeper assessment of performance. Adaptation to climate change is excluded, as it was partially covered by the ICAI review on building resilience to natural disasters, and the forestry objective is excluded as it involves a much smaller investment.
We conducted a performance review because of the scale and maturity of the UK’s international climate investments. We covered the period from 2016-17, the start of the current phase of UK International Climate Finance, to 2017-18.
The review answers the following questions:
- Does the UK’s approach to low-carbon development reflect the needs of developing countries and its international commitments to climate finance?
- How effective is UK International Climate Finance at promoting investment in low-carbon development?
- How well do UK investments in low-carbon development promote and reflect learning and evidence?