COP27

Sarah Champion Excerpts

Wednesday 9th November 2022 Commons Chamber

[The Prime Minister]

My right hon. Friend is absolutely right. There were many moving statements from leaders across the globe at COP on that particular topic, and I can confirm to him that it is something we are widely acknowledged around the world to be a leader on: we put it on the agenda last year in Glasgow. The Secretary of State for the Environment will be attending that COP in Montreal. Our world-leading Environment Act 2021 commits us to reducing the decline in biodiversity and species loss, and I look forward to working with him to deliver on it.

[Sarah Champion (Rotherham) (Lab)]

Of course, I welcome any investment for the global south to mitigate the horrific damages of climate change, but is this new money, is it coming out of the existing official development assistance budget and what is being cut if it is coming out of the existing ODA budget? As Chancellor, the right hon. Member made savage cuts to climate mitigation programmes. Is he going to replace those?

[The Prime Minister]

As Chancellor, yes, I did make difficult decisions to ensure that our public finances were on a sustainable trajectory. That is not something I am going to shy away from, because I think we have all seen what happens when the Government do not command the confidence of international markets when it comes to borrowing and debt issues. I thought, in that context, it was reasonable to temporarily reduce our ODA budget until our public finances are in a better place, and that is a commitment that I stand by, but we remain committed to the £11.6 billion in international climate finance that we committed at the time. Those announcements have come from that budget. It is very welcome that we are able to continue delivering that, even though we are facing some other difficult decisions on other topics.