Oral Answers to Questions Debate
Full Debate: Read Full DebateChris Law
Main Page: Chris Law (Scottish National Party - Dundee Central)Department Debates - View all Chris Law's debates with the Department for International Trade
(5 years, 6 months ago)
Commons ChamberThere is a range of climate finance initiatives that we could pursue, including green bonds here in the United Kingdom, but fundamentally, all the investments we make in health, education and economic development need to be proofed for the environment and climate. The distinction between these two things is often deeply misleading because, as the World Bank has just pointed out, if we do not get the climate and environment right, we will have 100 million more people living in poverty.
The United Nations framework for combating climate change has three pillars: mitigation; adaptation; and loss and damage. Does the Secretary of State agree with the United Nations framework convention on climate change that loss and damage to property is a huge consequence of climate change? If so, why do the UK Government allocate official development assistance spending only to mitigation and adaptation?
These are difficult choices that we have to make. We are currently leading in the United Nations on the resilience pillar. It is very important, and I think everybody in this House—indeed, in the country—would want to ensure that the next COP summit is hosted in London next year, so that we can take on the baton from Paris, but in order to do that we need to show a distinctive contribution. It is in resilience that we shall be leading the UN discussions, both in Abu Dhabi and then in the UN in September. I think that is where the UK should position itself.