Source link : https://las-vegas-news.com/uk-slashes-green-climate-fund-pledge-in-half-to-fund-defense-increases/
UK halves Green Climate Fund contribution, as it spends more on security – Image for illustrative purposes only (Image credits: Pexels)
The United Kingdom has told the Green Climate Fund it will deliver only half the amount originally promised for the 2024-2027 period. The reduction forms part of a wider shift that moves resources from international development programs to higher military spending. Officials have described the change as necessary to address security threats, yet the decision has already prompted warnings that other donors may follow the same path.
The Numbers Behind the Cut
Under the previous Conservative government, Britain committed £1.622 billion to the fund for the current replenishment cycle. As of March 2026, only £655 million of that pledge had been transferred. The new total stands at £815 million, a figure confirmed directly to the fund’s secretariat.
The adjustment leaves the Green Climate Fund with roughly $10.149 billion in total resources for the four-year window. All projects already under way remain fully financed, according to a fund spokesperson. Work on new proposals scheduled for board review in 2026 and 2027 is now under reassessment.
| Category | Original Pledge | Revised Amount |
|---|---|---|
| UK contribution (2024-2027) | £1.622 billion | £815 million |
| Amount transferred so far | – | £655 million |
| GCF total resources | – | $10.149 billion |
Expert Views on the Decision
Harjeet Singh, director of the Satat Sampada Climate Foundation,…
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Author : Matthias Binder
Publish date : 2026-05-15 12:21:00
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