Climate Change: Cancun

Baroness Parminter Excerpts

Wednesday 20th October 2010 Lords Chamber

[Lord Marland]

I think that the noble Baroness is referring to the fast start scheme. The fast start finance of £1.5 billion is ring-fenced and is our commitment to overseas development. It is not recycled money; I want the noble Baroness to understand that clearly.

[Baroness Parminter]

My Lords, what proposals do the Government have to ensure that the imminent report from the United Nations Secretary-General’s advisory group on climate finance is brought within the United Nations Framework Convention on Climate Change, so that its contribution to identifying sources of funding for developing countries dealing with climate change can inform future negotiations?

[Lord Marland]

I can tell the noble Baroness that we intend to work very closely. In fact, my right honourable friend the Secretary of State, Chris Huhne, is on the UN advisory group on climate finance and we intend to encourage the raising of $100 billion by 2020 to support the carbon reduction.