despite the environment of fiscal austerity the new government is also committed to providing finance to assist developing countries manage climate change including billion as its share of faststart financing of us billion in promised in the copenhagen accord the united kingdom s total commitment to international climatechange finance over the spending review period is billion the foreign and commonwealth office s three strategic priorities include promoting sustainable growth policies rely heavily on tradable quota markets a form of quantitybased instrument such as the renewables obligation ro although there are also primarily pricebased instruments such as the climatechange levy ccl