COP29
Debate between Ed Miliband and Steff Aquarone(4 weeks ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Ed Miliband
My hon. Friend is right. She was with me at Copenhagen, and I definitely had Copenhagen post-traumatic stress disorder at the talks at various moments in the middle of the night. Her point about the target and actions is absolutely right, and there is global recognition that this Government have upped the pace in the multiple ways I described in my statement, and that is incredibly important. That is also important because business sees it happening and thinks that Britain is a country that is clear about its direction and that they will invest there.
Steff Aquarone (North Norfolk) (LD)
I can only speak for North Norfolk, but a green energy future is exciting for our local economy, especially at Bacton. Just along the coast, villages like Happisburgh are suffering from being part of the fastest eroding coastline in Europe. The Secretary of State touched on coastal erosion in answer to my hon. Friend the Member for South Cotswolds (Dr Savage), but can I push him specifically on how the outcomes of COP will provide reassurance to my residents who are worried about losing their homes to coastal erosion now?
Ed Miliband
As far as COP29 is concerned, we are speeding up global action. As I described in my statement, this finance deal could mean a reduction equivalent to 15 times the emissions of Britain. That is hard going, but it is the way to reduce the temperature rises that will take place. The world is in danger of busting through 1.5°C and going beyond that. That is why action is so urgent and why this finance deal really matters.