The UK wants to save £400M by shifting some climate finance from grants to loans to help fund cheaper bus fares. But there’s a catch: it may be able to make the savings or meet its £6B aid-funded climate finance commitment, but probably not both. Euan Ritchie explains: https://go.cgdev.org/4wnkKUJ
Can the UK Really Save £400 Million on Climate Finance to Fund Cheaper Bus Fares?
Andy Burnham has suggested reducing the amount the UK provides as climate finance grants and providing some of its climate finance through loans instead, in order to fund a cap on bus fares in the UK....
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