Source · Select Committees · International Development Committee
Recommendation 43
43
He added that: when you submit a proposal, it takes two to three years minimum...
Conclusion
He added that: when you submit a proposal, it takes two to three years minimum to access the finance. Then you need to revise, because things change. The impact of climate change invariably becomes a bit more severe, and that means the cost for adaptation and mitigation becomes more and more. The initial plan may be for X amount, but when you receive the finance it is underestimated.91
Government Response
A response document is linked to this report, dated 14 January 2022. Response attribution to this conclusion has not been verified. Read the response document ↗