Tuesday 26th November 2024

(1 day, 14 hours ago)

Commons Chamber
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Ed Miliband Portrait Ed Miliband
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My hon. Friend asks absolutely the right question. That is the work that we will be undertaking with Brazil and other like-minded countries in the year ahead. Next year marks a very important moment: we have to set our nationally determined contributions for 2035, five years on from the last time the world did so. This is such an important moment, because it is how we need to get back on track for keeping temperature rises down. We will be straining every sinew to work with others to make that happen.

Jim Shannon Portrait Jim Shannon (Strangford) (DUP)
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It is always a pleasure to hear the Secretary of State committing to a strategy and a plan that looks forward, even though we may have some questions about it. My fear has always been about the funding that has been granted, which is incredibly substantial. How will the Secretary of State ensure that that huge pot of funding is used to achieve the necessary aims, not siphoned off or lost in the process? I say this bearing in mind that pushing a pen around and making a way through red tape can be a very costly endeavour. That money needs to go to the projects that make a difference. How can that be guaranteed before we allocate any more of our hard-pressed taxpayers’ money?

Ed Miliband Portrait Ed Miliband
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The hon. Gentleman raises a really important point. As much as developing countries wanted the biggest possible sum to support them, they were as worried about the quality of finance and their access to funds as they were about the quantum. Time and again, I heard from developing countries that they wait years to access the available funds, so ensuring that they are spent on the right things and are accessible will be crucial work for the months and years ahead.