Anneliese Dodds

As the hon. Member rightly mentioned previously, the UK has traditionally been a funder in this area, focusing particularly on the quality of climate finance and ensuring that there is sufficient grant and concessional finance. That is something we are determined to continue to do. I go back to the fact that it has to be a collectively agreed goal, but the hon. Member could not see a team working harder on this matter. We want to ensure that we get to an agreement. Of course, many forces do not particularly want to see the global north agreeing with the global south on this—we believe we can come together. In fact, at the Commonwealth Heads of Government meeting we saw the agreement within the Commonwealth around plastics pollution. We need to take that same spirit forward when it comes to this goal. For our part, as well as co-chairing the global green climate fund, we are working towards making good on the UK’s pledge to get help to those who need it. We want robust roles to be agreed for article 6 on how countries co-operate to reduce emissions. We need real follow-through from the global stocktake on commitments such as tripling renewable power and doubling energy efficiency globally by 2030, and we need implementation of the national adaptation plans as we scale up finance in support. We have committed £100 million to the taskforce on access to climate finance that the UK co-chairs with Rwanda, and we are working with the World Bank and the board of the new fund for those facing devastating loss and damage; the hon. Member was right to mention that as being important. There is a huge amount to do. A few days ago, as my right hon. Friend the Chancellor headed to the International Monetary Fund, I was at the World Bank in Washington pressing it to shoulder more risk so it can do more to unlock hundreds of billions of dollars and help the poorest and most vulnerable. To go back to the point mentioned by my hon. Friend the Member for Southgate and Wood Green (Bambos Charalambous), that has to include unlocking private finance, which is incredibly important, and we need to see innovation, too. The hon. Member for North Herefordshire rightly referred to the fact that we need to be front-loading this funding right now. There is interesting innovation going on with some of the multilateral development banks, and we are pushing them to deliver on making that finance available as quickly as possible; when it comes to mitigation in particular, now is the time we need to be acting. We are championing financial innovation, including insurance and guarantees. Under the new Government, the UK has been pushing particularly for climate-resilient debt clauses. I will finish on that subject of debt, which I know is of huge concern to many, and my hon. Friends the Members for Southgate and Wood Green and for Bishop Auckland (Sam Rushworth) were right to mention it. We have been pushing the G20 process for more action on debt. It is positive to see Zambia going through that process, but we need to see more action. That is why we are pushing hard on this and in the Paris club because it cannot be acceptable that we see such high levels of spending on debt rather than on health, education and, indeed, the kind of issues we are talking about.