Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, with reference to the report by Oxfam entitled Climate Equality: A planet for the 99%, published on 20 November 2023, if she will make an assessment of the implications for her policies of the proportion of carbon emissions generated by the (a) richest 1% and (b) poorest two-thirds of the world's population.
The UK has decarbonised more than any other economy. Between 1990 and 2021, the UK reduced its emissions by 48%. The UK works through COP and other forums to advocate for faster decarbonisation.
The UK is committed to spend £11.6bn on International Climate Finance (ICF) in those countries most affected by climate change. This includes a tripling of funding for climate adaptation from £500m in 2019 to £1.5bn in 2025.
In the published International Development White Paper, the UK announced that it will aim for more than half of all bilateral aid to go to least developed countries.