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<p>The UK is ensuring a large majority of our own international climate finance is
grant-based. We are pressing other donor countries for similarly ambitious commitments.
Under our G7 Presidency, the G7 committed to scaling up adaptation finance, and we
have seen concrete new individual pledges from Canada, Japan, the US, and Denmark
in recent months to this effect.</p><p>The UK has committed to delivering a balance
through our scaled up ICF and has launched - with other bilateral donors Ireland,
Sweden, the Netherlands and Denmark - a Champions Group on Adaptation Finance, with
a commitment to deliver a balance of adaptation in climate finance, in response to
calls from developing countries. Since launching, Finland and Germany have joined.</p><p>Finance
needs to be accessible, particularly for the most marginalised communities. Locally
led adaptation is a central priority for the COP26 Presidency, amplifying the calls
for greater support for locally led action, and also addressing the barriers that
restrict and prevent finance flowing to the local level. Locally led adaptation means
communities are directly involved in the design of the solutions.</p>
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