The European Union is yet to clearly outline the amount of public money that it will provide for climate adaptation and mitigation in developing countries. Climate financing is currently insufficient across the board, and current data indicates that low-income nations have received less than 10% of the money promised to them to finance climate adaptation by high-income nations. There is also an increasing gap between how much the UK and European Commission are prepared to spend on domestic adaptation compared to their spending on international adaptation plans.
This report examines and challenges the double standards used in the UK and European Commission's approach to climate finance.