UK government support for developing countries to tackle climate change

21 Sep 2023 02:09 PM

New £160 million funding to help reduce emissions and lower costs in developing countries.

  • Government announces £160 million of climate support for developing countries, at UN Climate Ambitions Summit in New York
  • Climate funding to support developing countries part of UK’s £11.6 billion International Climate Finance commitment

The UK will stand as a key ally with developing countries in their efforts to cut emissions.

The £160 million funding will support developing countries to speed up the development and deployment of new green technologies, which will reduce emissions and drive down costs.

The new funding was announced by Energy Minister Graham Stuart at the UN Climate Ambitions Summit in New York, highlighting the UK’s leadership in tackling emissions and working to achieve net zero.

The Energy Security Secretary Claire Coutinho will also join her French counterpart Agnes Pannier Runacher in Paris today (Thursday 21 September) for the Climate Mobilisation Forum, meeting leading businesses and philanthropists looking to invest in developing technologies while stressing the need for international cooperation to reduce global emissions.

The funding package will support energy-intensive industries in developing and emerging economies to cut their emissions, with backing for measures ranging from deploying clean hydrogen-based fuels for steel production to the creation of biomass-powered refrigeration.

Secretary of State for Energy Security and Net Zero Claire Coutinho said:

I am proud that the UK is a key ally of developing countries and is supporting them to reduce emissions and develop clean energy.

We in the UK only account for 1% of global emissions, so we must work together with other countries around the world if we are to achieve our ambition of Net Zero.

Today’s funding will help decarbonise key industrial sectors in the developing world, support new industries and create long-term jobs.

Energy Minister Graham Stuart said:

The UK has cut its emissions by more than any other major economy since 1990 and, following COP26, will continue to spearhead international efforts to limit global warming and reach net zero.

It is essential that developing countries are able to future-proof their industries too - and we will stand with them every step of the way in their industrial transformation.

The funding is part of UK’s international efforts to help developing countries tackle climate change, including by pledging to spend £11.6 billion on international climate finance between 2021 to 2022 and 2025 to 2026.

It follows the Prime Minister’s pledge of £1.62 billion towards the Global Climate Fund, at the G20 in India. That commitment is the UK’s biggest single financial contribution to helping the world’s most vulnerable people adapt to and mitigate the impact of climate change.

The funding will be spread across 4 global programmes:

Dr Lasse Ringius, Nepal Country Representative, the Global Green Growth Institute, said:

The Global Green Growth Institute (GGGI) applauds the UK government’s renewed commitment to fund the Mitigation Action Facility. As an implementer of a current project and prospective applicant for further funding from the facility, we emphasise the need for a mid-term outlook on future call for projects, allowing us to collaborate with partner governments for new project development.

We believe the Mitigation Action Facility uniquely combines technical expertise, financial support, and agile project execution, making it ideally suited to advance impactful climate mitigation initiatives globally.

In addition to the funding announced yesterday, the UK also confirmed support for a new ‘Cement Breakthrough’, joining Canada. The Breakthrough aim to ensure near-zero emission cement is the preferred choice in global markets by 2030.

Launched by world leaders at the COP26 talks in Glasgow, the Breakthrough Agenda is a UK-led international climate framework, to align global action and coordinate investment for deploying clean technologies in sectors including power, road transport, steel, hydrogen, and agriculture.