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

By Paul Homewood

 

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

 

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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

via NOT A LOT OF PEOPLE KNOW THAT

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December 18, 2024 at 10:11AM

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