(1 week, 1 day ago)
Westminster HallWestminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
Each debate is chaired by an MP from the Panel of Chairs, rather than the Speaker or Deputy Speaker. A Government Minister will give the final speech, and no votes may be called on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
It is a pleasure to have you in the Chair today, Mrs Harris. I thank the hon. Member for South Cambridgeshire (Pippa Heylings) for her work on climate and food systems, not just in this place but throughout her career, and I acknowledge her huge experience of these issues.
In response to the shadow Minister, the right hon. Member for Wetherby and Easingwold (Sir Alec Shelbrooke), this is absolutely a priority for the Government at COP30, and more broadly, because how we grow, trade and consume food will shape whether the future is secure, sustainable and fair for farmers, communities and the planet.
When I speak of farmers and communities, I am speaking of farmers and communities here in the UK and abroad. We are engaged in a global endeavour. In my past career in the international development and humanitarian sector, I saw the impact of climate change and food insecurity on communities. I remember being in Malawi during the middle of a very serious food crisis and period of insecurity, where I saw the steps farmers were taking to make agriculture more resilient and the devastating impacts on people there.
In recent weeks I have met some of our leading climate scientists who are about to travel down to Antarctica with the royal research ship Sir David Attenborough. They will look at the sustainability of fishing and marine resources in the Southern ocean and the changing impacts of climate change in that part of the world, and the impact that has on global supply chains and weather patterns.
I again thank the hon. Member for South Cambridgeshire for her contribution, and I agree with much of what she had to say. She spoke on two issues about which I am passionate. I have met young people in our overseas territories—part of our British family—who talked about the bleaching of corals.
The hon. Lady also mentioned wheat, and through our investment, alongside others, in the Consultative Group on International Agricultural Research, climate-resilient wheat varieties can now be found on about 50% of global wheat-growing areas, particularly in developing countries, and the work we have been doing on this over a number of years has been crucial.
My hon. Friend the Member for Chesterfield (Mr Perkins), who is Chair of the Environmental Audit Committee, made some very important points. I know how passionate he is about these issues. I agree wholeheartedly with him about the extraordinary retrograde position that the Conservative party has taken in recent weeks. It is shocking. I do not even want to get into Reform.
I will respond to some points, but I will take interventions if we have time.
The position that the shadow Minister set out would lead not only to economic disaster but to a complete betrayal of future generations. I will not even get on to Reform, which shares similarly outdated and unrealistic views. I note that one other party is absent that people would expect to be here, which is somewhat surprising.
Our investment in renewable energy, sustainable farming and global sustainability is generating jobs. It is generating opportunities for people in this country, but it is also addressing a global concern. That is why the former Prime Minister, Baroness May, was absolutely right to describe the Conservative position as a “catastrophic mistake.”
I agree with what the hon. Member for South Cotswolds (Dr Savage) said about the importance of resilience and the role of our oceans, and it is why we are investing in the blue belt programme and other global schemes. I also pay tribute to the work of my hon. Friend the Member for Cambridge (Daniel Zeichner) on these issues over many years. I welcome that his experience and passion will not be missing from these debates in future.
The hon. Member for Strangford (Jim Shannon) always makes important points, particularly about the importance of Northern Ireland agriculture and farming. It was a delight to enjoy produce from Northern Ireland at the Hillsborough summit on the western Balkans last week. He made important points about food waste.
My hon. Friend the Member for Brent West (Barry Gardiner), who always speaks passionately on these issues, rightly spoke about diversity and its importance to our global ecosystems. I also thank and pay tribute to my hon. Friend the Member for Bristol East (Kerry McCarthy) for her work over many years. It is a pleasure to work with her as a Minister and in many other capacities. She made incredibly powerful points.
My hon. Friend the Member for Leeds Central and Headingley (Alex Sobel) is also a long-term campaigner and advocate on these issues. I am glad that he raised Ukraine, and I thank him for his work engaging across all these issues as our trade envoy. I had not been aware that my hon. Friend the Member for Loughborough (Dr Sandher) had worked in Somaliland, where I have also previously engaged with communities that have experienced food insecurity and drought. That has been a particular challenge across the whole horn of Africa, and my hon. Friend made some very important points.
My hon. Friend the Member for Sheffield Hallam (Olivia Blake), who is also a passionate advocate on these issues, rightly asked about the Government’s commitments on the wider agenda. I have given her our assurance that it will be a crucial part of our agenda for what we will set out at COP.
My hon. Friend the Member for South West Norfolk (Terry Jermy) spoke about food systems and their impact on global emissions, and he is absolutely right. Food systems already drive one third of global emissions and they will become the biggest source by 2050. I totally agree with his view that farmers as the crucial custodians not only of sustainability but of animal welfare, which is a crucial issue.
The Liberal Democrat spokesperson, the hon. Member for Esher and Walton (Monica Harding), asked about attendance at COP. I will not get ahead of announcements about ministerial travel or otherwise, but I can confirm that His Royal Highness the Prince of Wales will be attending, as will my right hon. Friend the Secretary of State for Energy Security and Net Zero. I am sure we will announce other ministerial attendance in due course.
The hon. Lady asked about finance, and obviously we are committed to delivering on our pledge of £11.6 billion of international climate finance by the end of 2025-26. We are already looking at the results of what that investment has done so far. Since 2011, an estimated 137 million people have been better supported to adapt, and an estimated 145 million tonnes of greenhouse gas emissions have been reduced or avoided.
The hon. Lady asked about private finance, which is also a crucial part of this picture, and we are working through a range of mechanisms as part of our modernised approach to development. For example, I point to British International Investment, which had a $652 million food and agriculture portfolio in 2022. It supports sustainable and other forms of agriculture, which obviously contribute to growth, development and opportunities in those sectors. I also point to the work we are doing through the FASA fund in financing agricultural small and medium-sized enterprises in Africa.
A number of specific points were made about the sustainable farming incentive, the Groceries Code Adjudicator and animal welfare. If Members do not mind, I will come back to those in due course, but I want to cover a few key points in the limited time remaining.
It is absolutely clear that, by 2050, the world will need 50% more food, but land and natural resources are already under strain, and agriculture that produces food is already one of the sectors most vulnerable to the impacts of climate change. When that is coupled with nature loss, conflict and global instability, the impacts on production are pushing up prices and exposing weak spots in our supply chains that affect people here in Britain and our partners. The pressure always falls the hardest on vulnerable people, whether in our own constituencies or in places ranging from the Sahel to the horn of Africa and Afghanistan. Of course, our own food security relies on resilient supply chains and stable global markets.
Food must be part of the solution. We need to produce it more sustainably—on less land, with less deforestation, less waste, fewer emissions and less pollution. Sustainable systems can, of course, improve nutrition, strengthen food security, support livelihoods, restore ecosystems and build resilience. I mentioned our partnership with the CGIAR. We also work with the Gates Foundation, the World Bank and the UK-Brazil-Africa research partnership, which scales solutions. We are committed to science-led transformation in our role as a trusted partner. Whether it is our work with the World Bank to support Indonesia and the Philippines to reform inefficient and harmful fertiliser subsidies, or our work on livestock vaccines for foot and mouth in east Africa and on climate-resilient seeds, our work and investment is having tangible results. For example, we are working on drought-resistant maize through our CGIAR funding, and I have already mentioned our work on wheat.
We need to do more in this area. Our research shows that food systems receive just 7% of total climate finance, and less than 1% of that reaches smallholder farmers. We need to do much more on that, and it will be a crucial part of the COP30 agenda we will be advancing.
We welcome the work that Brazil has already been doing as host, including its resilient agriculture investment for net zero land degradation initiative and its efforts to draw attention to climate, hunger and poverty, and the links between them. We have shown leadership in past conferences by supporting landmark declarations such as the Emirates declaration and the Glasgow leaders’ declaration.
I do not want to get ahead of the conversations we will have at COP30, but I hope I have demonstrated our absolute commitment in this area, which is of course reflected in what we are doing here at home. We are backing British farming with more than £2.7 billion a year for sustainable agriculture and nature recovery; and through our environmental land management schemes, we are rewarding farmers for environmental benefits, improving productivity and maintaining food production.
We are committed to clear action at COP. This Government are committed to showing leadership, and we are conscious that we face this challenge both here at home and abroad. I thank all Members for their comments. The prize is clear: a future in which food systems are resilient, fair and sustainable, in which farmers are supported, in which ecosystems are protected and in which everyone has access to healthy and affordable food.
Question put and agreed to.
Resolved,
That this House has considered COP30 and global food system transformation.
(6 years, 8 months ago)
Commons ChamberI am grateful to my hon. Friend, and I am sure that we all have similar stories to tell about the CST’s work in our constituencies. In my own constituency of Brent North, we have a Jewish community of just under 2,000 people, and we are the home of the Jewish Free School, which is one of the oldest Jewish institutions in the UK and the largest and most academically successful Jewish school in all Europe. I worked with Arnold Wagner and David Lerner to help the school to move from its old home in Camden to the purpose-built facilities in my community. I particularly want to thank the CST for all that it does to keep the pupils and staff there, and in all the other primary schools, safe. I just wish, as we all do, that its work was not necessary.
The CST does more than work on safety. Its work to record and analyse antisemitic hate crime is integral to our understanding of the scale of the problem that faces us. Last year, it recorded 23 antisemitic incidents in my borough of Brent alone, and 1,652 across the country. That makes for sober reading. Antisemitism is at a record high, with a 16% rise in incidents nationwide year on year and 100 incidents every month. This is the lived reality of our Jewish fellow citizens living under the strain of antisemitism. It is appalling—the arson attacks on synagogues, the desecration of Jewish cemeteries, the neo-Nazi graffiti on posters for Holocaust Memorial Day, the vandalising of centres of Jewish life, the physical attacks on Jewish children at their schools or on public transport, swastikas daubed on Jewish homes and antisemitic hate mail sent to Jewish workplaces and schools. These hideous crimes are a warning to us all. We must do better, and we must be better.
That brings me to the issues facing my own party, the Labour party. It was the Labour party that introduced the Race Relations Acts and the Equality Act 2010, and it has put fighting inequality, racism and prejudice at the core of who we are and what we believe in. How can it be that we are struggling so badly to eradicate antisemitism from our own membership? I joined the Labour party because I believed it was quite simply the best vehicle for progressive social change in this country. I still do, but no party has a monopoly on virtue, and in the Labour party we are learning a bitter lesson. For all the strength and passion that we have derived from the mass influx of new members that has seen our party grow to more than 500,000 strong, we have not had adequate procedures in place to react swiftly and decisively to that small minority of members who have expressed sometimes ignorant but often vicious, dangerous and vile antisemitic views.
On behalf of my party, I want to publicly apologise to the Jewish community that we have let them down. We know it and we are trying to do better. We are trying to become the party that we have always aspired to be. We will not stop working until we once again become a safe and welcoming political home for people from the Jewish community, as from every other. The Secretary of State said that we stand here today to say of antisemitism that we reject it. We do. We must.
My hon. Friend is making an important point, but the reality is that words, however sincerely meant, must be matched with action. Does he agree that it is completely unacceptable to have, for example, elected Labour representatives saying things like, “The Jewish community have got it all in their own heads.”? He gave us examples of the reality of antisemitism affecting communities, and I have seen it with my own eyes in my communities in Cardiff. It is not “in their own heads.” Neo-Nazi and far-right activity are real and hateful, and we must stand against them unequivocally.
(12 years, 3 months ago)
Westminster HallWestminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
Each debate is chaired by an MP from the Panel of Chairs, rather than the Speaker or Deputy Speaker. A Government Minister will give the final speech, and no votes may be called on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
It is always a pleasure to serve under your chairmanship, Mr Bayley, and I know you take a great personal interest in these issues. I congratulate my hon. Friend the Member for Bethnal Green and Bow (Rushanara Ali) on securing this important debate. I also congratulate other Members on the excellent contributions that we have heard so far.
I declare a number of interests. Like many other Members, I have a significant number of constituents from Somaliland, Somalia, Yemen, Pakistan, India, Bangladesh and Sudan. Those communities have a long and proud history in my constituency, and they all remit funds to those locations. I also declare an interest as the secretary of the all-party group on Somaliland and Somalia.
Some weeks ago, these issues were brought starkly to my attention by a number of the money transfer organisations involved in remitting to Somaliland and Somalia. A month ago, we had urgent discussions with the new ambassador to Mogadishu and with senior Foreign Office officials, so people have been aware of this challenge for some time, and I will return to that at the end of my remarks.
I want to underline how important remittances are and how crucial it is that we find a solution and get things right. Members have spoken of the value of remittances to individual families, who are often in difficult circumstances. Oxfam provided a helpful briefing, which said:
“in most cases, money received is used to cover basic household expenses including food, school fees and medical costs.”
It notes that, in a recent survey,
“one third of respondents said that they would not be able to meet these basic needs if remittances were stopped.”
That is in addition to the concerns Oxfam and other humanitarian organisations have about their ability to provide services if money transfer services are stopped.
Many hon. Members have mentioned the security and stability implications, particularly in the case of Somaliland and Somalia. The hon. Member for North West Norfolk (Mr Bellingham) eloquently noted that the changes could be a step back for the country, which is coming out of conflict and instability. That is certainly not what the UK Government want, particularly after the recent Somalia conference and the many other steps that friends of Somaliland and Somalia have taken to see the two countries progress.
Remittances are also a complement to aid. There are two crucial issues. This is not only about my constituents; it is also very much in the UK national interest to find a solution to this problem. Remittances play a crucial role alongside our aid moneys. In the end, we want to graduate countries out of aid and ensure that they can stand on their own two feet, so pulling the rug out from under a number of them in this way will be particularly problematic.
We have heard many of the figures already, but I want to reflect on a few of them. I have tabled questions to the Treasury, and the answers show that the UK remits upwards of $23 billion a year to third countries. Remittance flows globally are estimated at upwards of $500 billion. Those are huge sums and often dwarf aid flows to countries.
An answer from the Minister of State at DFID said that the Department estimated that Somaliland received upwards of £500 million annually, while 50% of Somalia’s gross national income came from remittances, which ultimately supported 3.8 million people. Those are huge numbers, so this is not a small problem—it is fundamental to the ability of these countries to be successful. As my hon. Friend the Member for Bethnal Green and Bow said, Somaliland and Somalia face particular problems, which need to be addressed. They do not have the services that are available in some other countries, and with 70% of money transfer services potentially affected by the changes, we really have a very large problem.
I do not think that anyone would disagree that we want safe and secure transfer methods for senders and recipients. There are also legitimate concerns about money laundering, terrorist financing and other issues, although only a small amount of remittances are affected by such activities, and the vast majority end up in the destinations where they belong. However, we really could be jumping from the frying pan into the fire. We could increase the security risk and end up with channels for transferring money that are not policed or regulated in the same way as existing channels. Individual constituents could be ripped off, as they are forced to use more expensive or less secure methods of sending remittances —indeed, there is the possibility of theft increasing and money going missing—rather than the reputable organisations that already operate in this field. With 70% of money transfer services potentially at risk from the changes, we have a huge problem.
As I said at the beginning of my remarks, I met Foreign Office officials and the new ambassador to Mogadishu some weeks ago. Since then, I have had discussions with the Minister and with other officials. I have also had discussions with Barclays itself. My hon. Friend the Member for Brent North (Barry Gardiner) and I secured a meeting with it the other week, and we had a constructive conversation, notwithstanding the criticisms and concerns that have been raised, a number of which Barclays must answer further questions on. To be fair, however, Barclays was constructive, and it did not just want to shrug its shoulders and turn away from the issue; it wanted to work with the Government and diaspora communities to find solutions.
I was therefore concerned when Barclays told us that it had written to the Treasury two weeks ago. I have the letter here, and it is dated 3 July. Indeed, Barclays has had other correspondence with the Treasury. I very much hope that the Treasury has responded by now. Barclays offered to sit down and have constructive discussions with the Treasury, the Foreign Office, DFID, the Home Office and all the other interested Departments to try to find solutions. This is really one of those cases where the Government have to step in.
We were indeed at the meeting together. It is a very constructive suggestion that there should be a round table with all the major banks, which can then work with Treasury to resolve the problem. It is unfair to load everything on to just one bank, which happens to be the last in line. The Treasury needs to address this issue very seriously. Mr Bayley, let me also apologise for coming late to the debate, owing to another commitment.
My hon. Friend makes the point perfectly. As I said, there was a great willingness on the part of Barclays to sit down with Departments. I hope the Minister can reassure us by telling us what steps have been taken—perhaps in the past week—so that we can know that these conversations are going on and will involve all the crucial Departments. Obviously, numerous Departments, banks, organisations and Members have an interest in resolving this matter. Barclays had a number of technical solutions, which I was unable to comment on, but I hope that Treasury officials and the Minister might be able to.
I second the comments made by the hon. Member for North West Norfolk regarding the need for the Government to engage in urgent discussions with the United States, where a lot of the regulatory pressures are coming from, so that we can secure answers.
In conclusion, this is a huge problem with serious implications not only for my constituents and their families, but, ultimately, for this country’s national interests in international development financing and our security needs. We urgently need to find a solution because time is pressing and will run out at the end of August; otherwise we will find ourselves in a very difficult situation.
(12 years, 4 months ago)
Commons ChamberGDP is a measure of productivity, but it is not a measure of wealth, and it is not a measure of growth in the real economy. Derivative volumes have ballooned out of all proportion to the growth of the real economy. Some would say that that says much more about rent extraction by the financial services sector than a real world story of genuine and proportionate insurance.
When the global financial crisis hit in 2008, many banks were weakened precisely by their exposure to derivatives. In fact, Warren Buffett has described them as financial weapons of mass destruction. They have traded those derivatives at ever-increasing speeds. It is the institutions that are heavily involved in high value, high frequency derivative trading that would feel the biggest impact of the FTT, and whose riskier activities the rest of society has a vested interest in reining in. That is precisely the point that my hon. Friend the shadow Minister made. The public want to see these activities curtailed to reasonable levels such that they reflect the genuine risks of economic growth.
It was Avinash Persaud, the former J.P. Morgan and UBS executive, who in the Financial Times recently commented:
“this small tax on churning would limit some of these activities and help to refocus the financial system on to its purpose of the safe financing of real economic activity.”
That is a good thing and we should be open to the idea of exploring it with our colleagues across the water.
My hon. Friend is making some strong points. Does he recall Lord Turner describing some of the activities to which he is referring as “socially useless capitalism”?
My hon. Friend is absolutely right. The public want politicians to get back to focusing on the real productive economy. They are bewildered, frankly, by the spin-off of derivatives. I was on the floor of the New York stock exchange when it all went belly up on 24 September 2008, and I remember discussing what all the turmoil was about with members of the Senate Banking Committee in Washington a couple of days later. When I returned to the UK, it was clear that people could not understand how things had become so far divorced from reality.
The hon. Member for South Northamptonshire (Andrea Leadsom), who is unfortunately no longer in her place, made the point that an FTT on derivatives might hit pensioners. I do not think that is a convincing argument. Pension funds are obviously vital to our economy, and they buy derivatives to insure against the risk of poor performance by their portfolio, but those funds are much more likely to hold their derivatives until they reach maturity, which means that they would have to pay only a tiny amount under an FTT because their trades are far fewer—the very opposite of the type of short-term, superfast trading that grew in the run-up to the crisis. Most of the burden of paying the FTT would fall on superfast traders and speculative exchanges, which are very far removed from the real economy.
I want to introduce another note into the debate before sitting down. Our Government, along with many other participants in the United Nations framework convention on climate change, have stated that there will be a green climate fund. That fund will have to raise $100 billion each year by 2020—that is the minimum that the UK and our European negotiating partners think will be necessary to help developing countries increase their own economies, reduce poverty and offset the impact of dangerous climate change. The FTT would be an extraordinarily adept mechanism for raising those funds, which are vital to real growth in our economy. If we look at the UK economy, we will find that only 6% relates to the green economy, yet that 6% provided 30% of our economic growth in 2011. I would like to see the funds from the FTT predicated to use in the green climate fund.