UK PUBLIC CAPITAL MONITOR
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UK institutions and system

The Evolution of UK Climate Finance

Policy analysis
Authors
Rob Moore and Ian Mitchell
Publisher
Center for Global Development

What it examines

Examines how UK aid and other public finance, including BII investment, UKEF support and guarantees through multilateral banks, contribute to international climate finance. Moore and Mitchell construct an indicative baseline and future scenarios, identify delivery and reporting gaps, and recommend stronger coordination, transparent results and greater focus on vulnerable countries.

Why it matters

Direct analysis of how several UK public-capital channels work together. The paper’s estimates depend on attribution, timing and climate-scoring assumptions; its future UKEF series fills a target gap rather than forecasting lending from observed trends. These figures are not verified new commitments or payments.

Published 1 October 2026. Combines historical estimates for 2021–22 to 2025–26 with scenarios for 2026–27 to 2028–29.

Institutions and themes

Related documents

Catalogue entry reviewed 2 Oct 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.