Climate Change: Global Temperatures Debate
Full Debate: Read Full DebateLord McConnell of Glenscorrodale
Main Page: Lord McConnell of Glenscorrodale (Labour - Life peer)Department Debates - View all Lord McConnell of Glenscorrodale's debates with the Department for Business, Energy and Industrial Strategy
(2 years, 10 months ago)
Lords ChamberThe Committee on Climate Change has made it clear that we still need fossil fuels for the transition. I remind the noble Baroness that the UK is responsible for only 1% of worldwide emissions. Yes, we must do our bit, which we are—we are a world-leading power in that respect—but we also need to work on a worldwide basis with other nations, because just stopping emissions in the United Kingdom will not solve the problem.
My Lords, the Government had four key objectives for the summit next week in Glasgow. The third of those, and the one that was in many ways among the most important because of the failure to deliver it over the past decade, was the objective on finance and delivering $100 billion per annum of support for those developing countries that would miss out as a result of moving towards net zero. The Government have admitted this week, in advance of the summit, that that objective is not going to be met. Does the Minister agree that one reason for that might just be the fact that our Government—our country—withdrew on their commitments to the world’s poorest people this year and that that might just have affected the atmosphere around decision-making and the commitments that might then be made by others?
No, I do not accept that, because the UK, even after the recent reduction, still has one of the largest international climate finance facilities in the world. Again, on international finance, we are world-leading as well. It was an immense diplomatic effort to get many other nations on board—credit goes to the Prime Minister and to Alok Sharma for managing to do that. We have got the commitment, albeit maybe not as early as we would have hoped for, from 2023.