Lord McDonald of Salford
Main Page: Lord McDonald of Salford (Crossbench - Life peer)Today, all noble Lords have made clear their support for the UK’s aid programme and their dismay at the cut in aid spending to 0.5% of GNI. I understand that, faced with the tightest economic contraction in 300 years, the Government had to make cuts, but they must understand the consequences of hitting aid disproportionately. Reaching 0.7% was an achievement of international importance—yet it was set aside without even a parliamentary vote.
Partners notice when we do not keep our promises, and they trust us less. Right now, as the UK prepares, with Italy, to host COP 26, we need their trust. In 2010, $100 billion per year was promised for climate adaptation by 2020, but the international community is falling short. The chair needs to be trusted if the gap is to be plugged in the run-up to Glasgow. Without that trust, COP 26 may fail.
The UK’s second most consequential meeting of the year was the G7 summit. In Cornwall, leaders agreed to donate 1 billion Covid vaccine doses. Just three weeks later, the world sees that the pledge is inadequate. Under UK chairmanship, the G7 needs to revisit the decision. The International Monetary Fund has proposed a $50 billion plan to vaccinate 60% of the world’s population. Usually, the UK’s share of such programmes is 5%. If the UK provided $2.5 billion, it could all be directed at countries eligible for aid. By improving the outcome of the G7 summit, the UK would make its Covid policy more effective. One thing that every commentator agrees on is that no one is safe until everyone is safe. I urge the Government to reconsider.