Foreign Office Don’t Know How Much COP29 Pledge Will Cost UK

From NOT A LOT OF PEOPLE KNOW THAT

The Foreign Office sent me this in reply to a query about funding the $300 billion a year promised at COP29:

In essence:

  • Miliband signed up to the aid pledge without anybody in government knowing how much the UK would have to fork out, or how we would pay for it.
  • Any new commitments will seemingly be funded from our fixed ODA budget – thereby taking money away from other aid provisions. This is in line with current climate aid spending.
  • Developing countries who expected new money are in for a shock


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