International Development White Paper

Alistair Strathern Excerpts

Tuesday 21st November 2023 Commons Chamber

[Mr Mitchell]

Conflict-affected and fragile states are indeed the most difficult places in which to operate, but they are also two of the most important types of place in which to operate. The hon. Member will be interested to know that, while over half of the development budget goes to the least developed countries, something like 62% goes to fragile and conflict-affected states. There is no doubt that the Select Committee and ICAI will ensure that the focus he requests is maintained.

[Alistair Strathern (Mid Bedfordshire) (Lab)]

I welcome the Minister’s statement and the White Paper. Having had just one or two months to speak to my constituents, I know that many of them felt a real sense of dismay about the lack of global action and national leadership on these issues. The welcome return to the focus on the development goals and recognition of the importance of co-ordinated action on the causes and consequences of climate change globally will go down very well with many of my constituents. Although I welcome the recognition of the challenges posed by the barriers to finance and the burden of debt mentioned in the White Paper and the Minister’s remarks, I fear that a lack of ambition in this area may undermine some of the goals set out today. Can the Minister commit to bringing forward in due course further legislative action to ensure that we tackle that burden appropriately, including on private finance, and so have the real ambition we need to see on this agenda?

[Mr Mitchell]

Ambition is not lacking, but driving these things forward takes an enormous amount of time and is subject to international co-operation, as the hon. Member suggests. However, if he looks at British leadership on climate resilient debt clauses, for example—we introduced them and UK Export Finance, which is the export credits guarantee department of the British Government, is championing them—he will see that these clauses make an enormous difference. For example, if the Government of Ghana are hit by a pandemic, they need all their liquidity to look after their own citizens, but they have to pay interest and capital on their debt. What these clauses mean is that they would get a two-year window during which they can spend their liquidity on their own citizens. That is a small but vital and very impactful innovation. Britain has produced these clauses, and we have done the right thing on that.