What’s next for international climate spending in the UK under the new fiscal rules?

Daisy Jameson

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: This short report recommends adjusting the treatment of guarantees as a fiscally efficient way of supporting the UK to expand its deployment of development guarantee instruments, with the aim of better managing potential exposure in the event of a default. This will help to both improve management of the in-year official development assistance (ODA) budget and encourage the Foreign, Commonwealth and Development Office (FCDO) to expand its use of guarantees for climate investment.

JEL-codes: E6 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2025-06-09
New Economics Papers: this item is included in nep-env
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