Oral Answers to Questions

Gregory Campbell Excerpts

Wednesday 1st May 2019 Commons Chamber

[Harriett Baldwin]

I know that my hon. Friend is an aide to the Chancellor and I know that the Chancellor was in China this week emphasising in his remarks the importance of taking into account the sustainable development goals in development projects. I am very pleased to see that 78 countries, including China, have issued green bonds here in the City of London, with eight different currencies raising $24.5 billion towards sustainable development. The UK has really shown leadership on this initiative.

[Mr Gregory Campbell (East Londonderry) (DUP)]

Further to that question by the hon. Member for Bexhill and Battle (Huw Merriman), does the Minister concede that we must all do what we can to reduce the impact of climate change, but that very significant pressure must be applied to those at the very top in that regard, such as China and some African countries?

[Harriett Baldwin]

It is really important that we all recognise that the world has signed up to sustainable development goals. Part of that sustainability means that any new investments should avoid fossil fuels as much as possible. We have shown leadership on that recently. For example, the recent round of bids from the Green Climate Fund, which we helped to fund, has led to a lot of renewable energy projects in Africa and elsewhere.