(3 years, 1 month ago)
Commons ChamberAs I announced earlier this year in my former role, the Government will be introducing a climate compatibility checkpoint for any new licences issued, in order to assess whether any future licensing rounds remain in keeping with our climate goals. The checkpoint, which we have committed to launch by the end of this year, will be used to assess the climate compatibility of any future licensing rounds.
Supporting vulnerable communities around the world to adapt to climate impacts is a top priority for COP26. We are encouraging improved adaptation planning, integration of climate risk into decision making, and increased and more accessible adaptation of finance to deliver effective, inclusive adaptation, and loss and damage action on the ground.
The most climate-vulnerable states need and demand more assistance from the developed world for climate transition and adaptation. This has the potential to derail COP26, so can the Minister tell us: what are the Government’s aims for increasing the level of support at Glasgow to help transition and adaptation in the poorest countries, and particularly whether it is the Government’s intention to lobby for that aid to be in the form of grants, rather than loans?
Travelling the world this year in the role that I have the great honour to hold—UK International Champion on Adaptation and Resilience—has, if nothing else, made it clear that the challenges for so many countries are often ones of access to finance. The COP unit and the Foreign, Commonwealth and Development Office have worked tirelessly all year to find better ways to ensure that access to finance, and to ensure that the $100 billion is committed by developed countries so that they have the finance they need to make those sorts of adaptive changes.