ICAI is today publishing a review of the UK’s International Climate Finance for low-carbon development which found that the UK has demonstrated a convincing approach to joint international action promoting…
…receiving continued support from the UK. It notes the growing importance of UK development finance, particularly through British International Investment (BII), the UK’s development finance institution, which invests in businesses…
…climate finance reached $1.9 trillion in 2023, against an estimated need of $6.3 trillion. The most climate-vulnerable fragile states receive only 10% of international climate finance. Donors are increasingly using…
ICAI has today published the approach paper for its review of the UK’s International Climate Finance (ICF) contribution to supporting low-carbon development in 2016-17 to 2017-18. The UK’s International Climate…
…in International Climate Finance (ICF) was also rated as inadequate. ICAI found that despite improvements to transparency and information sharing, there had been delays in publishing a new cross-departmental strategy,…
