Oral Answers to Questions
Debate between Rory Stewart and Chris Law(5 years, 6 months ago)
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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.
Chris Law (Dundee West) (SNP)
The United Nations framework for combating climate change has three pillars: mitigation; adaptation; and loss and damage. Does the Secretary of State agree with the United Nations framework convention on climate change that loss and damage to property is a huge consequence of climate change? If so, why do the UK Government allocate official development assistance spending only to mitigation and adaptation?
Rory Stewart
These are difficult choices that we have to make. We are currently leading in the United Nations on the resilience pillar. It is very important, and I think everybody in this House—indeed, in the country—would want to ensure that the next COP summit is hosted in London next year, so that we can take on the baton from Paris, but in order to do that we need to show a distinctive contribution. It is in resilience that we shall be leading the UN discussions, both in Abu Dhabi and then in the UN in September. I think that is where the UK should position itself.
Oral Answers to Questions
Debate between Rory Stewart and Chris Law(7 years ago)
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Rory Stewart
Our assessment is that our humanitarian assistance in Bangladesh, which at the moment amounts to more than £40 million, is carefully monitored and well spent. It is focused, above all, on providing shelter and protection, particularly protection against sexual violence in conflict.
Chris Law (Dundee West) (SNP)
May I first welcome the Secretary of State to her new post? May I also welcome the Moderator of the Church of Scotland to the Gallery?
There is no greater value for money in aid spending than protecting the future of our natural world for generations to come. Following the UN COP23 talks earlier this month, which I attended, it is undeniable that we are reaching the tipping point of no return on climate change, and all nations agreed that we must go “further, faster, together”. Given that the Department for International Development is a major shareholder in the World Bank, which still spends much more on oil, gas and coal than on clean energy, will the Secretary of State give me her personal commitment that she will use all her powers of persuasion with the World Bank to ensure that it invests more in clean, safe renewables than in fossil fuels?
Rory Stewart
The hon. Gentleman and I have discussed this in the past, and I pay tribute to the work that he does on the environment. We are pressing the World Bank to do that, and that is one of the functions of the new financing facilities that we have established, but there is still a place for non-renewable energy generation, particularly to meet the desperate needs in Africa.