'Even more challenging': Campaigners warn shock cut to overseas aid budget puts climate finance pledges at risk

Stuart Stone
clock • 6 min read
'Even more challenging': Campaigners warn shock cut to overseas aid budget puts climate finance pledges at risk

Prime Minister Keir Starmer confirms increase in defence spending will be delivered through cuts to development funding, just months after government backed international deal to increased climate finance for developing economies

Prime Minister Sir Keir Starmer has today confirmed significant cuts to the UK's international aid budget to help fund an increase in defence spending, sparking fears the government will find it "even...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Climate change

How climate-fuelled migration poses a 'growing threat' to UK food security

How climate-fuelled migration poses a 'growing threat' to UK food security

New report from ECIU details how international food supply chains are facing escalating threats from climate impacts and the migration they are triggering

clock 07 August 2025 • 6 min read
Barclays becomes second major UK bank to quit Net Zero Banking Alliance

Barclays becomes second major UK bank to quit Net Zero Banking Alliance

Barclays quits influential banking group claiming it ‘no longer has the membership’ to support bank's net zero transition

Stuart Stone
clock 01 August 2025 • 3 min read
Global Briefing: EU and China pledge to deepen co-operation promises 'renewed climate leadership'

Global Briefing: EU and China pledge to deepen co-operation promises 'renewed climate leadership'

Superpowers reiterate commitment to working together in response to the climate crisis, Iberdrola ramps up its clean energy investment plans, and the world-famous Pacha nightclub goes 100 per cent renewable

James Murray
clock 25 July 2025 • 6 min read