(8 years, 11 months ago)
Lords ChamberMy Lords, I feel deeply honoured and very fortunate to be a new Member of your Lordships’ House and to contribute to this important debate called by the noble Earl. But let me start with an apology. I had not meant to make my maiden speech quite so soon. It had been my intention to spend a little more time since my introduction absorbing the ways and customs, and even idiosyncrasies, of this august Chamber, which is so very different from the House of Commons. However, I could not resist the opportunity to speak in this very important debate. I will return to the reason why shortly.
First, I hope that noble Lords will indulge me by allowing me to put on record my sincere thanks to all those colleagues across the House, friends old and new, who have made me so welcome, but particularly my mentor, my noble friend Lady Jenkin, and my terrific sponsors, my noble friend Lord Black of Brentwood, who made such a powerful and important contribution just now, and the noble Lord, Lord Browne of Madingley, to both of whom I am very grateful. I must also record my thanks to the incomparable doorkeepers and to the House staff as well as to—I am slightly surprised to find myself saying—the Government Whips Office, who have all been so welcoming and so professional. I must also thank my former constituents—the electors of Bexhill and Battle in the county of East Sussex—who, at three successive elections, returned me as their Member of Parliament. Without them, I would not have had the career at Westminster and in government which has ultimately led me here.
The reason I was so keen to speak in this debate is not just because I am immensely proud of the United Kingdom’s record on international development, although I am very proud of it, nor because I applaud the Prime Minister’s unshakeable resolve to stand by our commitment to meet the UN target of spending 0.7% of GNI on official development assistance. Meeting it in the last Parliament during a period of retrenchment in public spending not seen since the war, and now sticking to it as our economy expands faster than any other in the G7, required real political courage. However, as a Minister I had seen at first hand how much this is appreciated right around the globe and the very real impact it is making on the lives of some of the poorest people in the world. This is the politics which transcends party boundaries and of which we can all be very proud.
I also believe that it will be one of the most enduring elements of the legacy of the Cameron Administration. But that is not why I was so keen to speak in this debate. Nor was it because I think that the implementation and effectiveness of DfID policy continue to be critically important. I know that there are very real challenges in managing such a fast-growing budget and delivering the outcomes we all wish to see: to be consistently efficient and effective in delivering them to a high standard. However, the renewed commitment and resolve that I see in the ministerial team is more than equal to that challenge, as are the thousands of dedicated DfID officials who dedicate their careers to the task.
Of all the elements of DfID policy, I particularly wanted to welcome the Energy Africa initiative. I draw your Lordships’ attention to the forthcoming register of interests which will include my interests in Equinox Energy Capital, which is actively seeking opportunities to invest in the African clean energy sector, and Powerhive, which is already building microgrids in Kenya to bring solar electricity to the off-grid rural poor. It is with the benefit of this new commercial perspective that I welcome the way that UK policy is focusing on energy in Africa, where two out of three people—about 600 million individuals—still have no access to electricity at home, 150 years after Edison invented the lightbulb. We also know that without reliable, affordable electricity, social and economic development is dramatically stilted, and with it the growth of opportunity and the economy.
However, the dramatically falling cost of clean energy technology, especially solar technology, is changing the game. I know from personal experience, both in government and now in the private sector, that billions of pounds of new investment is looking to drive the African energy economy forward. Much of this investment is from the private sector, without subsidy or support from development spending. So it should be. There is huge scope for private investors to drive the African energy economy if the right conditions and regulatory environment are in place. But I also see market failure from the private sector. On the current trajectory, universal electricity access will not be achieved until 2080. That cannot be allowed to stand. So the genuinely impressive new approach from DfID, led by Grant Shapps, is not just innovative, it is vital, and I look forward to watching the progress of the Energy Africa initiative in its 14 priority countries, working in partnership with other Governments to mobilise both public and private capital.
My admiration for this new initiative is still not the real reason I wanted to speak in this debate. The genuine reason was that I wanted to be able to pay tribute to my noble friend the Minister sitting in front of the Dispatch Box. For two and a half years we worked together as fellow Ministers at the Department of Energy and Climate Change, and from the day she arrived in Whitehall Place, I could not have asked for a more collegiate, thoughtful, caring and supportive colleague—or a more effective, impactful and respected Minister. But I knew that as much as she was committed to the brief at the Department of Energy and Climate Change, it was international development that was her passion and where her manifold talents could be used to the full. So I was delighted by the PM’s decision in May to promote my noble friend to DfID, and am truly grateful to be able to contribute to this debate from the Benches behind her this evening.