Dasgupta Review

Baroness Bennett of Manor Castle Excerpts

Thursday 7th April 2022 Lords Chamber

[Baroness Penn (Con)]

I do not think that the Government agree with the move towards a stakeholder governance structure for businesses, but the noble Lord is right that, in our financial system, we need to make the decision-making with transparency on the impact of investments on our economy. We set out a green finance strategy in July 2019 that addresses all sorts of aspects of that, from developing a green taxonomy to having nature-related financial disclosures in our finance system. Overall, the Government are committed to the UK becoming the world’s first green global financial centre.

[Baroness Bennett of Manor Castle (GP)]

I am very pleased to hear the Minister referring to—

[Lord Hodgson of Astley Abbotts (Con)]

My noble friend the Minister has talked about food security—as has Defra. Do she and the department recognise that we grow only 50% of the food that we eat? In those circumstances, and given the topsy-turvy world in which we live, should the policy not now be called “food insecurity” rather than food security?