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Boris Johnson s £11 6bn climate fund to be swiped from aid budget

In Cornwall last month, the prime minister hailed his £11.6bn climate commitment to the developing world – spread over 5 years – and vowed to pester other countries to stump up cash before Cop26 in Glasgow. “We, as the rich nations of the Earth, we need to build our credibility with those countries in asking them to make cuts in CO2,” he said- in relation to contributions to a hoped-for $100bn UN annual fund. “Because this country, which started the Industrial Revolution, is responsible for a huge budget of carbon that’s already in the atmosphere.” But the government has now quietly conceded that the entire £11.6bn – worth around £2.3bn each year, between 2021 and 2026 – will come from official development assistance (ODA), the aid budget.

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