Recommendation 29

Multilateral institutions, including development banks and climate funds, play a critical role in generating climate and nature outcomes at scale. These institutions have an aggregation of expertise, capacity and capability, which cannot be met solely through public ICF programming. However, these institutions require checks and balances to ensure that they are held accountable to the UK taxpayer and can course correct as necessary to ensure they are channelling ICF to those that need it the most. (Conclusion, Paragraph 94)