G20 and COP 26 World Leaders Summit Debate
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Lord St John of Bletso
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G20 and COP 26 World Leaders Summit
Lord St John of Bletso Excerpts(2 years, 7 months ago)
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Baroness Evans of Bowes Park (Con)
As I said, the G20 adopted the target for vaccinating 70% of the world’s population against Covid. I have set out the work that we are doing and the contribution we are making and I also set out the fact that we have committed £548 million to COVAX to provide vaccinations to help deliver more than 1 billion vaccines to up to 92 lower-income countries. Therefore, we are playing our part and will continue to work with partners to ensure that we meet these ambitious but correct targets.
Lord St John of Bletso (CB)
My Lords, I welcome the Statement and the measures taken to reduce global warming, but can the Minister elaborate on what measures have been taken to embrace more innovative technologies? While there has been much debate on measures to reduce deforestation, is she aware that algae-fuelled bioreactors can soak up 400 times more CO2 than tropical trees?
Baroness Evans of Bowes Park (Con)
I have to confess that I was not aware of that, no, but I am very grateful that I am aware of it now. Certainly, the noble Lord is absolutely right that advancing technology and using technology will be some of the key things we need to do to ensure that we meet these ambitious targets. He may be interested to know that more than 40 leaders, for instance, have now joined the UK’s Glasgow Breakthroughs, which will turbocharge affordable green technologies in the most polluting sectors by 2030, including a $4 billion deal between the UEA and US, with the support of 30 others, for climate-smart agriculture and food systems, and $10 billion of funding from philanthropists and development banks to support energy access and clean energy transition in the global south. There are a lot of discussions going on within COP about how we can all come together in order to further develop and spread these technologies out, because, as he rightly says, this will be what we need in order to meet these targets.