Lord Teverson
Main Page: Lord Teverson (Liberal Democrat - Life peer)
Baroness Verma
My Lords, the UK is committed to scaling up climate finance, and we have already committed £3.87 billion from our International Climate Fund between 2011 and 2016. The first £1.76 billion of this has already been committed from the International Climate Fund, and is expected to achieve the following lifetime results. However, the right reverend Prelate is right that we need to encourage all member states to come up to the mark and ensure that they are all contributing. This is a very important area. The UK is absolutely committed, and the Prime Minister has made that very clear. He will announce his pledge in November.
Lord Teverson (LD)
My Lords, regarding recent international climate negotiations, does my noble friend agree with me that we should congratulate the DECC team and the Secretary of State on the climate energy deal done at the European Council over the past couple of days? Does she agree that that illustrates that, by leadership from Britain, by persuasive argument and by building up a team of other member states around us, we can succeed in European negotiations and win for Britain?
Baroness Verma
My noble friend is absolutely right, and I could not have put it better than he has.