Jeff Smith
Main Page: Jeff Smith (Labour - Manchester Withington)Department Debates - View all Jeff Smith's debates with the Cabinet Office
(5 years, 8 months ago)
Commons ChamberClimate change is a major threat to achieving the sustainable development goals, and tackling it is a strategic priority for the Government and for my Department. The Government are delivering £5.8 billion in international climate finance to help developing countries to reduce emissions and to manage the impact of climate change.
The hon. Lady is absolutely right to highlight the importance of commitments that were made last year at the Commonwealth Heads of Government meeting. There is an extensive programme of work to follow through on those commitments, not least the £5.8 billion of international climate finance that we have announced so far, which has already helped 47 million people to increase their resilience to climate change. We will be leading that strand at the United Nations summit in September.
The Minister said that there is no net investment from DFID and the CDC. I would be interested to know what she means by that, because we surely need a greater priority on disinvestment in oil and gas extraction. Is she not worried, as I am, about the possibility of stranded assets as a result of investments we have made in the global south?
We have an important role to play in working with our international bilateral partners to encourage the use of clean growth and clean energy. For example, the week before last, we held an event here in support of sustainable development goal 7 to which we invited African Energy Ministers from developing countries to meet some of the people we have in the UK with expertise on renewable energy.