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<p>All parties at COP27, the 27th Conference of the Parties of the UN Framework Convention
on Climate Change (UNFCCC), including the UK, agreed to establish new funding arrangements
for assisting developing countries that are particularly vulnerable to the effects
of climate change. Parties agreed to establish a Transitional Committee of developed
and developing countries to operationalise the funding arrangements, with which the
UK engages closely.</p><p>At COP27 the UK announced a commitment to increase climate
adaptation finance to £1.5 billion in 2025. This funding will help countries build
their resilience to climate change impacts. The UK engages closely through the UNFCCC
process with partners, as well as through direct engagements with developing countries.</p>
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