Paris Climate Change Conference

Lord Stern of Brentford Excerpts

Tuesday 15th December 2015 Lords Chamber

[Lord Stern of Brentford (CB)]

Does the noble Lord agree that the UK delegation, including himself and the Secretary of State, played a strong role in what happened in Paris? They were everywhere and the UK’s position was largely respected. I was fortunate enough to be badged with the French delegation, and they were enormously appreciative of the work done by the UK. That appreciation is founded on two things. One is respect for our climate legislation and the great institutional strength that that gives to this country in its clear commitment to bring down emissions. I hope that the noble Lord will also agree that it is founded on our commitment to 0.7% of GDP being spent on overseas aid. That puts us in a stronger position than some other countries and allows us to contribute very powerfully.

I hope that the noble Lord will agree that the private sector contribution to the Paris meeting was very strong, and that private sector leadership is the growth story of the future in terms of the transition to a low carbon economy, as it will be at the top of the agenda at the World Economic Forum to be held in Davos in January. Again, I thank the noble Lord for the part he has personally played in that outcome.

[Lord Bourne of Aberystwyth]

I thank the noble Lord, Lord Stern, for his kind words, and I am certainly happy to accept the compliment. I welcome very much the role he has played. Indeed, when I last saw him on the television, he was featured not only with the French delegation but also with the former Vice-President of the United States, Al Gore. The noble Lord has done seminal work which demonstrates that we can have falling emissions and economic growth, and I think that that is now widely accepted. It was an absolutely prescient report.

It is true that the position we play in relation to overseas aid is crucial. It gives us a powerful means of talking to many other countries and seeking to be as helpful as possible. I mentioned earlier the small island developing states and the particular challenges they face. The legal framework we work within is also important. Finally, the last point he made about private sector leadership is vitally important. The Governor of the Bank of England spoke powerfully at the Paris conference, which is not something that has happened previously. The private sector demonstrated leadership, particularly when Michael Bloomberg, Paul Polman and many others said that this is an agreement which they warmly welcome. It is not just about non-governmental organisations and politicians, it is very much about the business world as well. Again, I thank the noble Lord for the role he played at the conference, which I know was considerable.