Written Question·Foreign, Commonwealth and Development Office·UIN 36409
Climate Change: Finance
Tabled: 7 March 2025
Answered: 20 March 2025
Named DayQuestion
Wendy Morton
Conservative — Aldridge-Brownhills
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what recent progress his Department has made on increasing private finance through (a) British International Investment and (b) British Investment Partnerships to help meet t
Answer
Catherine WestIn 2023, the British Investment Partnerships (BIP) portfolio invested £1.5 billion in developing countries which mobilised over £3.5 billion of private sector investment. Over 54 per cent of BIP programme spend was classified as International Climate Fina...
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