Recommendation 36

We heard that the UK has “a really good story to tell on adaptation”.69 On average, 47% of UK ICF was spent on adaptation in the past four years.70 Furthermore the UK provided 89% of its ICF in grants rather than loans between 2016 and 2019,71 bucking the global trend of an increasing share of loans, rather than grants, in public climate finance between 2013 and 2018.72 62 The Climate Centre, ‘We cannot continue with a situation where adaptation is the poor cousin of mitigation’, 1 April 2021 63 Christian Aid (CDC0047) 64 United Nations Framework Convention on Climate Change (UNFCCC), Copenhagen Accord, point 8, 18 December 2009 65 United Nations Framework Convention on Climate Change (UNFCCC), Paris Agreement, Article 9.4, p.15, 12 December 2015 66 United Nations, Delivering on the $100 billion climate finance commitment and transforming climate finance, p.7, December 2020 67 Organisation for Economic Co-operation and Development (OECD), Climate Finance Provided and Mobilised by Developed Countries: Aggregate Trends Updated with 2019 Data, p.9, 17 September 2021 68 United Nations, Background note on the USD 100 billion goal in the context of UNFCCC process, in relation to advancing on SDG indicator 13.a.1, accessed 26 October 2021 69 Q57 [Catherine Pettengell] 70 Foreign, Commonwealth and Development Office (CDC0016) 71 Gov.uk, UK Biennial Finance Communication to the UN Framework Convention on Climate Change 2020, p.5, 12 December 2020 72 OECD, Climate Finance Provided and Mobilised by Developed Countries in 2013–18, p.9, 6 November 2020 Global Britain in demand: UK climate action and international development around COP26 17