(12 years, 8 months ago)
Commons ChamberMy officials are working diligently on that. We want as many outcomes at Durban to operationalise the agreements at Cancun as we can get. I do not agree with the hon. Lady that that is the only potential outcome. One of the most important things we can hope to get out of Durban if the talks go well is a commitment from all parties to ensure that we have an overarching legal framework. We can negotiate that and we could also respect the science by ensuring that we peak global emissions by 2020.
I am sure the Secretary of State will agree that financing for climate change measures is absolutely vital and that we have a very short period of time if we are not to feel the adverse affects of climate change. Does he agree with many groups, including the World Bank, the International Monetary Fund and the shipping industry, that a global tax on shipping is one way in which we could achieve a fair and sustainable way of financing climate change measures?
I certainly believe that a levy—a bunker fuels duty or whatever—is one potential way of raising the finance necessary. That was a recommendation in the report of the advisory group on finance, which was set up by the UN Secretary-General and in which I was honoured to participate. That is one of the most likely ways forward in breaking the back of that particular problem.