Oral Answers to Questions

Debate between Emma Dent Coad and Rory Stewart

Thursday 6th June 2019 Commons Chamber

[Rory Stewart]

Indeed, Mr Speaker. Thank you very much.

[Emma Dent Coad (Kensington) (Lab)]

3. What steps he is taking to prioritise tackling climate change.

[Rory Stewart]

There should be no distinction at all between the work that we do on international development and the work that we do on climate and the emergency. We face a climate cataclysm, and if we get this wrong, 100 million more people will be in poverty. I would therefore like, as Secretary of State for International Development, to double the amount that our Department spends within our budget on climate and the environment, and to double the effort that the Department puts into that issue.

[Rory Stewart]

This is of course a very serious challenge. That is fundamentally an issue for the Department for International Trade, but the hon. Lady is absolutely right to say that it is extremely important, when we think about an environment and climate strategy for the Government, to be fully joined up, particularly in relation not only to what the DIT does but to what we do through the Commonwealth and through CDC’s investments to ensure that they tie in with our climate and environment priorities.

[Emma Dent Coad]

The $100 billion climate finance commitment made by developed countries including the UK is separate from the international aid commitment, as climate finance is an additional challenge to development, yet the UK’s climate finance currently comes entirely from the aid budget, displacing spending on health, education and life-saving measures. The Minister has just explained that this will come from existing funds, so how are the Government exploring alternative sources of climate finance to take the pressure off the aid budget?

[Rory Stewart]

There 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.