'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

Global Briefing: Tesla to invest $250m in Berlin gigafactory

Global Briefing: Tesla to invest $250m in Berlin gigafactory

Tech giant to accelerate EV and battery production, deforestation in Brazil’s Amazon hits eight-year low, and Nepal sees 'world first' drought insurance pay out

Stuart Stone
clock 15 May 2026 • 9 min read
Reports: UK to halve contribution to UN's Green Climate Fund

Reports: UK to halve contribution to UN's Green Climate Fund

Government reportedly informs flagship global climate aid programme it will only deliver half of previously promised £1.6bn in funding

Michael Holder
clock 15 May 2026 • 3 min read
Will World Cup temperatures exceed player safety thresholds?

Will World Cup temperatures exceed player safety thresholds?

New analysis warns summer football tournaments in the northern hemisphere will become 'increasingly dangerous' in a warming climate

Stuart Stone
clock 14 May 2026 • 7 min read