Ed Miliband indicates development and climate will be at heart of UK foreign policy
Last month, the publicly funded bank scrapped its goal for 45% of its finance to be directed to climate-related ends.Experts welcomed Miliband’s decision as a boost to climate action. “But only if the leadership is there from the top. “If this appointment marks the start of renewed British leadership on global climate and development, it will be warmly welcomed across Africa.”Miliband will face a shrinking aid budget and tough decisions over allocation.
- ▪Last month, the publicly funded bank scrapped its goal for 45% of its finance to be directed to climate-related ends.Experts welcomed Miliband’s decision as a boost to climate action.
- ▪“But only if the leadership is there from the top.
- ▪“If this appointment marks the start of renewed British leadership on global climate and development, it will be warmly welcomed across Africa.”Miliband will face a shrinking aid budget and tough decisions over allocation.
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Ed Miliband, left, pictured with the World Bank president, Ajay Banga, will say: ‘I want to send an unambiguous signal that this government is serious about its global leadership on development and climate.’ Photograph: Murad Sezer/ReutersView image in fullscreenEd Miliband, left, pictured with the World Bank president, Ajay Banga, will say: ‘I want to send an unambiguous signal that this government is serious about its global leadership on development and climate.’ Photograph: Murad Sezer/ReutersWorld BankEd Miliband indicates development and climate will be at heart of UK foreign policyExclusive: Foreign secretary to take up World Bank seat and play active role in shaping changes to global lender Supported byAbout this contentFiona Harvey Environment editorSun 26 Jul 2026 12.00 EDTLast…
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