Oral Answers to Questions Debate
Full Debate: Read Full DebateTessa Munt
Main Page: Tessa Munt (Liberal Democrat - Wells and Mendip Hills)Department Debates - View all Tessa Munt's debates with the Department for Environment, Food and Rural Affairs
(10 years, 1 month ago)
Commons ChamberThank you, Mr Speaker. Can the Secretary of State find out what has happened to the scheduling of payments for higher-level stewardship schemes for farmers in my environmentally sensitive part of Somerset? These have been contracted for a 10-year period but they seem to have been cut, delayed or changed without consultation or notice, and many farmers depend on them for their business.
I understand the hon. Lady’s point. An important part of the agri-environment scheme in the next few years will be to fund higher-level stewardship schemes to conclusion. If she has particular concerns, I am happy to discuss those with her. There has been some alignment on the start dates of some of the schemes, but I am not aware of any problems with schemes discontinuing.
The Church Commissioners have investments of just over £6 billion. From that is generated an annual income of about £100 million, most of which is devoted to clergy pensions, and the rest to helping poorer dioceses across the country, such as Durham and Liverpool, and supporting their mission work. The Church Commissioners are advised by the Ethical Investment Advisory Group. I assure my hon. Friend, and the House, that we take considerable care to monitor any investment that might have an effect in these areas: tobacco, defence, non-military firearms, gambling, pornography, high interest rate lending, stem cell research, alcohol, and genetically modified organisms. For each and every one of those, the assets committee and the Ethical Investment Advisory Group spend hours and hours working to produce detailed policy to try and ensure not only that we do not invest inappropriately but that we use our investments to encourage companies to act responsibly.
I think that the Church of England believes in having partnerships of constructive engagement with the companies in which it invests. Therefore, will the Church Commissioners, first, call for SOCO International, an oil and gas exploration firm in which it has shares, to launch an independent investigation into the allegations of corruption and violence that it has attracted in its dealings with the Virunga national park in Democratic Republic of the Congo; and secondly, explain how this investment aligns with the Christian values of the Church?
I am sorry that the hon. Lady did not give me notice of that question, because had she done so I could then have given her a substantive response. I know nothing of the facts of the investment, but I will make inquiries and write to her.