G20 and COP 26 World Leaders Summit

Baroness Smith of Basildon Excerpts

Wednesday 3rd November 2021 Lords Chamber

[The Lord Privy Seal (Baroness Evans of Bowes Park) (Con)]

My Lords, I shall now repeat a Statement made today in another place:

“Mr Speaker, with your permission I will make a Statement about the G20 summit in Rome and update the House on COP 26 in Glasgow. Almost 30 years ago, the world acknowledged the gathering danger of climate change and agreed to do what would once have been inconceivable and regulate the atmosphere of the planet itself by curbing greenhouse gas emissions. And one declaration succeeded another until, in Paris in 2015, we all agreed to seek to restrain the rise in world temperatures to 1.5 degrees centigrade. Now, after all the targets and the promises—and after yet more warnings from our scientists about the peril staring us in the face—we come to the reckoning.

This is the moment when we must turn words into action. If we fail, then Paris will have failed and every summit going back to Rio de Janeiro in 1992 will have failed, because we will have allowed our shared aim of 1.5 degrees to escape our grasp. Even half a degree of extra warming would have tragic consequences. If global temperatures were to rise by 2 degrees, our scientists forecast that we will lose virtually all the world’s coral reefs. The Great Barrier Reef and countless other living marvels would dissolve into an ever warmer and ever more acidic ocean, returning the terrible verdict that human beings lacked the will to preserve the wonders of the natural world.

And in the end it is a question of will. We have the technology to do what is necessary: all that remains in question is our resolve. The G20 summit convened by our Italian friends and COP 26 partners last weekend provided encouraging evidence that the political will exists, which is vital for the simple reason that the G20 accounts for 80% of the world economy and 75% of greenhouse gas emissions.

Britain was the first G20 nation to promise in law to wipe out our contribution to climate change by achieving net zero, and as recently as 2019 only one other member had made a comparable pledge. Today 18 countries in the G20 have made specific commitments to achieve net zero, and in the Rome declaration last Sunday every member acknowledged

‘the key relevance of achieving global net zero greenhouse gas emissions or carbon neutrality by or around mid-century’.

To that end, the G20, including China, agreed to stop financing new international unabated coal projects by the end of this year—a vital step towards consigning coal to history. And every member repeated their commitment to the Paris target of 1.5 degrees.

In a spirit of co-operation, the summit reached other important agreements. The G20 will levy a minimum corporation tax rate of 15%, ensuring that multinational companies make a fair contribution wherever they operate. Over 130 countries and jurisdictions have now joined this arrangement, showing what we can achieve together when the will exists.

The G20 adopted a target of vaccinating 70% of the world’s population against Covid by the middle of next year, and the UK is on track to provide 100 million doses to this effort. By the end of this year, we will have donated 30 million doses of the Oxford AstraZeneca vaccine, and at least another 20 million will follow next year, along with 20 million doses of the Janssen vaccine ordered by the Government. And the G20 resolved to work together to ease the supply chain disruptions which have affected every member, as demand recovers and the world economy rises back to its feet.

I pay tribute to Prime Minister Mario Draghi for his expert handling of the summit. But everyone will accept that far more needs to be done to spare humanity from catastrophic climate change, and in the meantime global warming is already contributing to droughts, brushfires and hurricanes, summoning an awful vision of what lies ahead if we fail to act in the time that remains. So the biggest summit that the United Kingdom has ever hosted is now under way in Glasgow, bringing together 120 world leaders with the aim of translating aspirations into action to keep the ambition of 1.5 degrees alive. I am grateful to Glasgow City Council, Police Scotland, the police across the whole of the UK, and our public health bodies for making this occasion possible and for all their hard work.

For millions across the world, the outcome is literally a matter of life or death. For some island states in the Pacific and the Caribbean it is a question of national survival. The negotiations in Glasgow have almost two weeks to run but we can take heart from what has been achieved so far. Nations which together comprise 90% of the world economy are now committed to net zero, up from 30% when the UK took the reins of COP. Yesterday alone, the United States and over 100 other countries agreed to cut their emissions of methane—one of the most destructive greenhouse gases—by 30% by 2030. And 122 countries, with over 85% of the world’s forests, agreed to end and reverse deforestation by the same deadline, backed by the greatest-ever commitment of public funds to this cause, which I hope will trigger even more from the private sector.

India has agreed to transform her energy system to derive half of her power from renewable sources, keeping a billion tonnes of carbon out of the atmosphere. The UK has doubled our commitment to international climate finance to £11.6 billion and we will contribute another £1 billion if the economy grows as forecast. We have launched our clean green initiative, which will help the developing world to build new infrastructure in an environmentally friendly way, and we will invest £3 billion of public money to unlock billions more from the private sector.

The UK has asked the world for action on coal, cars, cash and trees, and we have begun to make progress—substantial, palpable progress—on three out of four. But the negotiations in Glasgow have a long way to go and far more must be done. Whether we can summon the collective wisdom and will to save ourselves from an avoidable danger still hangs in the balance, and we will press on with the hard work until the last hour. I commend this Statement to the House.”

[Baroness Smith of Basildon (Lab)]

My Lords, I thank the noble Baroness for repeating the Statement to the House. Ten months ago, in his new year message, the Prime Minister, with his usual optimistic rhetoric, declared that with the G7, COP and other global summits ahead of us, 2021 would be

“an amazing moment for this country.”

Yet as the winter nights draw in, I am sure that I am not the only one who feels that perhaps Mr Johnson overpromised and has not made the most of the available opportunities. As world leaders leave Glasgow, we all want COP 26 to be a success. You could say that we need it to be a success. The G20 could have been a springboard for the agreement that we need.

The noble Baroness is right, therefore, to tell the House that two weeks of COP remain, but Ministers cannot rely on warm words alone to deliver the outcome that we all need. On the climate crisis, Covid recovery and much more, it increasingly feels as if the Government are exposed and do not have a plan, despite their promises and commitments. While I appreciate the Minister’s frankness in saying that there is far more to be done, I implore the Prime Minister to use this moment—it is just a brief moment of opportunity—to show real leadership and, more importantly, the direction that is needed.

The Rome G20 started in much the same way as the G7 earlier this year, with Mr Johnson yet again, unfortunately, distracted by ongoing issues relating to the botched Brexit deal. The small steps agreed in Sunday’s communiqué are welcome, and I cannot emphasise enough that we want COP to succeed. Judging, however, by the Statement—if I have understood correctly from listening carefully to the noble Baroness—it is not entirely clear that even the Prime Minister is sure about what was agreed in Rome. Page 1 of my copy of the Statement says:

“We all agreed to seek to restrain the rise in world temperatures to 1.5 degrees centigrade”.


On page 2 it has been downgraded from an agreement to a “shared aim”. By page 3 it is back to “a commitment” on a target, while by page 4 it is downgraded again to an “aspiration” or an “ambition”. Either the Prime Minister is confused or he has someone writing his Statement with a thesaurus to hand.

Together, the G20 nations represent 75% of global greenhouse gas emissions. As the noble Baroness understands, the world is reliant on their actions towards net zero. If they fail, it will be the small developing countries that pay the price. That is why we need a plan for implementation, whatever the word used for it. I did not hear a plan, strategy or road map today. Where is the plan?

Can the noble Baroness confirm whether the Prime Minister personally advocated for a 2050 net-zero date in the communiqué, or was he satisfied with the inclusion of “around mid-century”? Given the Government’s own record on new coal mines and oil exploration in the UK, did our domestic policy undermine our ability to negotiate a stronger line? The noble Baroness may recall that the FCDO previously announced a climate diplomacy fund to prepare for the summit. Can she update the House on how that money has been spent? I am happy for her to write to me if she is unable to answer today.

On international development, we are grateful to the G20 for reiterating that the consequences of climate change are already being felt by the world’s poorest and most vulnerable. But, as much as I welcome the acknowledgement in the Prime Minister’s Statement of the impact on important coral reefs, I would like to have heard more about the devastating and deadly human impact of our collective failure to act. But given the Government’s attitude to development aid and the cuts made, perhaps we should not be surprised. I wonder whether other countries raised this with Mr Johnson, especially those that have seen the pandemic as a reason to increase international aid.

On a similar note—again, I am happy for the noble Baroness to write to me if she cannot answer this—she will be aware that the Chancellor recently announced that the IMF’s special drawing rights will now be reclassified as international aid. This might sound like an accounting dodge, but it is important: it means that millions of pounds of support to developing countries will be lost. Given that the UK is the only major donor to do this, can she explain why the Government have taken this route?

On Covid vaccinations, for much of the developing world, the threat from the climate crisis is rivalled only by Covid-19. According to Amnesty International, while 63% of people in G20 countries are vaccinated, the figure in low- and lower-middle income countries is just 10%. We welcome the G20’s commitment, as previously agreed by the World Health Organization, to vaccinating 70% of the world’s population by the middle of next year. But, again, we come back to the plan: there is a lack of clarity about how this will be achieved.

I do not know whether the noble Baroness has had the opportunity to read the 10-point plan to produce and distribute vaccinations globally produced by the Labour Party. She might find it helpful. But can she outline for us the Government’s plan which backs up the commitments made?

On a note of optimism, the rubber-stamping of the global minimum corporation tax could pave the way for a fairer global tax system. But we come back to the issue of the plan: this is still a long way from implementation. Can the noble Baroness confirm whether the legislation has been drafted to give effect to this commitment? What steps are our representatives taking to develop the accompanying global framework at the OECD? The proposal represents an opportunity to build a new economy in the aftermath of the pandemic, but we also must take a lead in responding to the more immediate threats of rising inflation and the shortages we have seen. The noble Baroness may recall—although she may not be aware—that in the wake of the 2008 financial crash, the Labour Government, led by Gordon Brown, put forward a global plan to limit the damage and pave the way for recovery. That is the kind of leadership the UK needs and should provide again.

It is all very well, and is to be admired, for the Government to have aims, ambitions, and targets, and to work with others to secure commitments. But, coming back to my central point, unless there is a plan or detailed strategy to turn those commitments into reality, it is just warm words. If the Leader answers just one question today, can she tell us: where is the plan?

[Lord Newby (LD)]

My Lords, I too thank the Leader for repeating the Statement. Before I move on to COP 26, perhaps I might ask her a couple of questions about the G20 announcements.

First, the PM highlights the target of vaccinating 70% of the world’s population against Covid by the middle of next year. He then boasts about the fact that the UK is providing 100 million doses towards this effort, of which 70 million will have been donated by the end of 2022. Can the noble Baroness confirm that to date only 5 million doses have been delivered? Does she accept that, given the overall numbers required to meet the target, which the PM supports, run into several billions, just under 70 million doses from the UK by the middle of next year is simply inadequate? The WHO estimates that some 82 countries are at risk of missing the target, so will the UK be more ambitious and commit to increasing the number of vaccines it provides, so the target might stand a chance of being met?

The Prime Minister highlights the resolve of the G20 to work together to ease supply chain disruption. The declaration from Rome simply makes that statement with no hint of what the leaders intend to do about the problem. Can the noble Baroness explain what international action is planned and whether the Government intend to make any proposals to their G20 partners on how to resolve these problems? In relation to supply problems in the UK, could she update the House on the number of HGV drivers from the EU who have taken up the Government’s offer to work in the UK for the next two months? I think the last published figure was 27. Has it increased? On the assumption that we have not seen any significant increase in driver numbers, what assurances can she give that there will not be further disruption to the supply of presents and food in the run-up to Christmas?

On COP 26 and climate change, the agreements announced in Glasgow on deforestation and methane are very welcome. But does the noble Baroness accept that without the active participation of China in such programmes, and the general unwillingness of China to set targets commensurate with meeting the 1.5 degree target, the chances of hitting that target are remote. To date, the Government do not appear to have any strategy, working with like-minded international partners, of putting effective pressure on China. Does the noble Baroness accept that unless such pressure is brought to bear and there is further movement from China, COP 26 cannot result in a successful outcome?

Today’s announcement on sustainable finance is potentially extremely significant, because if it becomes more difficult for firms in the coal- and carbon-intensive manufacturing sectors to finance new projects, many of these projects simply will not happen. More generally, the announcement by many global firms and financial institutions that they will align their investment and lending with the Paris climate goals could, if executed, do more than anything else to reorient the world economy towards a net-zero model. But the track record of companies which have made such commitments in the past is not encouraging. In a number of high-profile cases, banks which have promised, for example, to divest themselves of fossil fuel investments have broken the rules which they set for themselves; and they have not applied the rules at all to some asset classes. What legal requirements do the Government plan to place on companies and financial institutions listed in London, or based in the UK, to set net-zero plans? What sanctions will apply if they either fail to set them in the first place or, having set them, simply fail to implement them?

At the weekend the Prime Minister said that the score was 5-1 against the chances of Glasgow succeeding. Yesterday he claimed that the forces of climate action had pulled back a goal, or possibly two. The fact this Government have allowed the score to get to 5-1 against is a telling indictment of the casual way they have approached this summit. Failure over the next few days to change the scoreline further would be a disaster not just for the Government but for the planet.