Simon Coveney (Cork South Central, Fine Gael) | Oireachtas source

This week in Glasgow we announced an additional €4.2 million for small island developing states in the Caribbean and Pacific. This will go to supports for catastrophe insurance and climate adaptation funds. We have given this significant commitment of more than doubling our climate finance as part of overseas development aid funding by 2025. We will go from spending €93 million on climate finance currently to €225 million. I insisted that that be new money so that we are not diverting money away from other essential humanitarian assistance to fund that. That obviously needs to be taken into account in budgets in the coming years.

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