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Environment Protection: Finance

Volume 479: debated on Monday 21 July 2008

To ask the Secretary of State for Business, Enterprise and Regulatory Reform how much additional funding the Government have committed to (a) the Clean Technology Fund and (b) the Strategic Climate Fund following the Heads of Government agreement on energy and climate change at the G8 summit. (218870)

I have been asked to reply.

The UK intends to make available an £800 million contribution to the Strategic Climate Fund announced at the Hokkaido G8 summit, a proportion of which will be allocated to the Clean Technology Fund. Part of the UK's contribution will also be allocated to the Pilot Programme for Climate Resilience.

The exact allocations to these (and other programmes funded through the Strategic Climate Fund) have yet to be determined since some aspects of the sectoral programmes are still under design. Roughly two thirds of the £800 million will be allocated to climate change mitigation, and one third to climate change adaptation.

The joint DEFRA/DFID Environmental Transformation Fund-International Window (ETF-IW) will finance the UK's contribution. The ETF-IW is in addition to current climate and ODA spending for both DFID and DEFRA.