L

Lord Hunt of Kings Heath (Lab)

Speaking in the House of Lords on 28 November 2024

Debate

COP 29

Contribution

My Lords, I readily acknowledge the noble Lord’s personal commitment and thank him for it. I do think a consensual approach to this is really important in giving long-term stability both to our country and to industry, in terms of the policies that we are taking forward. On Article 6, at COP the parties agreed outstanding rules to fully operationalise it. This can enable higher global mitigation ambitions and facilitate flows of finance, particularly to emerging and developing economies. We obviously very much welcome this outcome. It delivers high-integrity rules to govern international carbon markets, which are underpinned by environmental integrity, as he said. Obviously, in terms of what we now do, we will be taking this forward. However, alongside some of the disappointments that have been expressed about the outcome, this is a very important one.

More from Lord Hunt of Kings Heath (Lab)

Other recent Hansard contributions by the same speaker.

About Hansard

Hansard is the official verbatim record of proceedings in the UK Parliament. Every word spoken in the Commons and Lords is recorded and published — this page is a single contribution from that record.

Partner sites