Climate change is a global challenge that affects us all. No country is projected to be spared from the impacts of further global temperature increases and we are already facing serious challenges to the natural environment; to food production; and to water resources. Without concerted global action to limit and manage the impact of climate change, we could reverse the huge gains in global poverty reduction which the UK has helped achieve over the last 3 decades.
UK International Climate Finance (ICF) plays a crucial role in addressing this global challenge. Three government Departments (DFID, BEIS and Defra) have responsibility for investing the UK's £5.8bn of ICF between 2016 and 2021.
Our ICF delivers in the national interest, delivering all 4 aims of the UK aid strategy:
- strengthening global peace, security and governance
- strengthening resilience and response to crises
- promoting global prosperity
- tackling extreme poverty and helping the world's most vulnerable
If we do not tackle climate change, it will undo the progress made globally to meet the Sustainable Development Goals. We directly support the goals on climate action and affordable and clean energy, as well as indirectly supporting many others.