International Development Strategy

Baroness Coussins Excerpts
Monday 6th June 2022

(2 years, 5 months ago)

Lords Chamber
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Lord Goldsmith of Richmond Park Portrait Lord Goldsmith of Richmond Park (Con)
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The noble Lord is right that the UK is currently doing all it can to encourage donor countries to increase the finance they make available for climate change and nature, with some success. However, even if we are very successful —more so than we expect—it will not be anything more than a drop in the ocean compared with what is needed, so mobilising private finance is key. We have persuaded the multilateral development banks, including the World Bank, to align their funding not just with Paris goals but with nature. At the G7, the UK was solely responsible, I think, for persuading other G7 members to align all their aid with nature and the Paris goals—something that we did not expect to get over the line but did, thanks to our brilliant negotiators. We are working hard to mobilise private finance from all sources; I would be happy to talk in more detail with the noble Lord in due course.

Baroness Coussins Portrait Baroness Coussins (CB)
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My Lords, why is the strategy silent on the importance of international volunteering programmes, especially by young people? Will the Minister also say whether the FCDO is planning to resume funding for the International Citizen Service, which was suspended in 2020 because of the pandemic?

Lord Goldsmith of Richmond Park Portrait Lord Goldsmith of Richmond Park (Con)
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My Lords, I am afraid I cannot give the noble Baroness an answer on the International Citizen Service. If she will allow me to, I will get back to her in due course.