During the G20 summit in New Delhi in India, the Prime Minister Rishi Sunak announced the UK would commit a record £1.6bn to the UN-backed Green Climate Fund. 

The investment is part of the country’s £11.6bn pledge for international projects that have a positive impact on climate change, and it would become the biggest single funding commitment the UK has made to date to help the world tackle climate change, a government statement said.

The fund was set up during COP15, becoming the largest global fund dedicated to channelling money needed by poor states to meet their targets to reduce carbon emissions and develop cleaner energy sources. 

“The UK is stepping up and delivering on our climate commitments, both by decarbonising our own economy and supporting the world’s most vulnerable to deal with the impact of climate change,” Sunak said. “This is the kind of leadership that the world rightly expects from G20 countries. And this government will continue...