UK announces US$368 million in adaptation-based climate financing in Indo-Pacific region

The UK government has announced that it will provide £274 million (US$368 million) in international climate finance to support a new, seven-year regional program: Climate Action for a Resilient Asia (CARA). The UK counts the entirety of its international climate finance as official development assistance (ODA).

CARA will provide adaptation finance to the Asian region and is aimed at strengthening the resilience of vulnerable communities and protecting the environment against the impacts of climate change. The program will focus on promoting nature-based solutions, improving climate change policy and planning, strengthening weather and climate forecasting services, and helping to support urban resilience.

The program is comprised of six key partnerships:

  • Asian Development Bank's (ADB) Community Resilience Partnership Program: Up to £45 million (US$60 million) of UK ODA will be allocated to scale up investments in climate adaptation at the community level that explicitly address the nexus between climate, poverty, and gender;
  • ADB’s Urban Resilience Trust Fund: £70 million (US$94 million) of UK ODA will be used to build the capacity of cities and national and sub-national urban agencies, communities, and the private sector to integrate climate resilience into policies and planning; 
  • International Centre for Integrated Mountain Development's (ICIMOD) Hindu Kush Himalayan (HKH) Region Resilience Enabling Action Programme: This program will receive £20 million (US$27 million) in UK ODA to support the conservation of natural ecosystems and biodiversity across the HKH region;
  • The UK Met Office’s Asia Pacific Regional Resilience to a Changing Climate: Up to £18 million (US$24 million) of UK ODA will be used to improve resilience to weather extremes and climate change with enhanced weather and climate information; 
  • United Nations Development Programme's (UNDP) Climate Finance Network: Up to £20 million (US$27 million) in UK ODA will be allocated to provide technical assistance to governments on climate-aligned domestic budgetary systems and to help in leverage innovative climate finance; and
  • World Bank’s Resilient Asia Programme: £50 million (US$67 million) will be used to strengthen climate resilience in Asia through regional capacity-building and expertise to manage climate risk.

CARA will also have a Flexible Technical Assistance Fund to enable the Foreign Commonwealth and, Development Office (FCDO) to provide innovative programming across the region. The funding is intended to support up to 14 million people and aims to mobilise around £1.4 billion (US$1.9 billion) of public and private finance.

Press release - UK government