The £800 million Environment Transformation Fund International Window (ETF-IW) will support development and poverty reduction through better environmental protection, and help poor countries respond to climate change. Detailed objectives, a delivery plan, broad resource allocation and monitoring arrangements will be agreed by relevant Ministers and an HMG governance board in consultation with key stakeholders over the coming months. It will be operational from April 2008. The £800 million will be committed over the next three years: £100 million in 2008-09, £200 million in 2009-10, and £500 million in 2010-11.
The World Bank is proposing a multi-donor fund to scale up international effort on sustainable development and climate change. Funds from the ETF-IW will help capitalise this fund. We want to see an open consultation on how this fund should be set up and how we can target the UK resources going into it. We would like to work with donors, recipients, the private sector and civil society in the consultation to develop a truly multilateral solution to tackling the challenges of climate change and transforming countries' development paths.
DFID, in partnership with the International Development Research Centre, is providing £24 million of research funding over five years to better understand the impacts of climate change in Africa, and to significantly improve the capacity of African countries to adapt to climate change in ways that benefit their most vulnerable citizens. We are also consulting on research priorities for climate change and poverty reduction in Latin America and the Caribbean. On environmental management, DFID has recently concluded a research programme on forests and poverty reduction, the results of which are now being integrated into our policy making. We have supported additional research work on forests and poverty reduction through the World Bank and the Centre for International Forestry Research. We are in the design phase for a research programme on water resources management and energy, and we are scoping a project which will look at how ecosystems support poor people, from the household to national level. This project will also look at how improved management of ecosystems can result in improved services for the poor.