(9 years, 9 months ago)
Lords ChamberPerhaps the noble Lord might be able to help me and in so doing, I hope, help the House. I understand very well the argument that he is making. He has put it very clearly that he is against hypothecation of any proportion of GNI for any particular purpose. However, I am not quite clear on how this amendment assists that argument. If the noble Lord objects to the hypothecation of 0.7% of GNI for development aid, it matters not whether it is “the” target or “a” target; it is still a target. This amendment would not get rid of that hypothecation.
My Lords, there are two themes to all our amendments: hypothecation is one and the other is value for money et cetera. This is not the most important amendment to deal with hypothecation but it happens to be the first. That is the point. A lot of the other amendments—which I hope we can deal with much more swiftly because we will have dealt with the general arguments—are more designed to ease the target so as to deal with problems such as, for example, having in one given year to go on spending to meet the target when it might have been better to spread that over a few years. We have other amendments on those themes to deal with that problem. This is not the most important amendment but it happens to be the one where we can make the general case.