Wera Hobhouse

I congratulate everybody who has contributed to this important debate. Many different points were made, and all were made well and passionately. The new hon. Member for Ealing Southall (Deirdre Costigan) was absolutely right to say in her passionate opening speech that it is unacceptable when Governments make international agreements and then do not honour them. That is not only catastrophic for our climate action but it undermines our international reputation. The hon. Members for Bristol Central (Carla Denyer) and for Stratford and Bow (Uma Kumaran) were absolutely right to say that the UK has a huge responsibility to show climate leadership. The hon. Member for Whitehaven and Workington (Josh MacAlister) made a strong plea for developing our nuclear capacity. I, too, am not entirely certain about his point, but I am sure the Government will be able to persuade us on that—or not, as the case may be. The hon. Member for Strangford (Jim Shannon), who never misses an opportunity to speak in debates about net zero, spoke up for the nations that are being left behind and made the point that we need to bring everybody with us. I do not agree with everything the hon. Gentleman says about climate change, but we definitely agree on that point. The hon. Member for North Herefordshire (Ellie Chowns) asked the Government what progress we are making on energy efficiency in housing. She made her point well, and it has very much been heard by us Liberal Democrats. I pay tribute to my hon. Friend the Member for South Cambridgeshire (Pippa Heylings) for her intervention, in which she said that we need, and should work towards having, a climate envoy at COP29. Last but not least, we heard powerful points on the importance of water, which is becoming a massive issue with climate change, as water shortages will drive a lot of displacement. Those points were well made. The UN is not a world Government, and COP can work only on a consensual basis. Effective diplomacy is therefore essential in coming to arrangements. Although the agreements made at COPs are not legally binding, we must not underestimate their importance in setting the global agenda on climate change. COPs are also crucial to getting polluters to engage with climate-vulnerable countries, many of which have been severely impacted by climate change and are on the brink of climate catastrophe. COP28 resulted in countries agreeing to “transition away” from fossil fuels, using the strongest language ever used in respect of the phasing out of fossil fuels. This marked a significant step forward. Regrettably, despite excitement that the COP28 agreement saw the beginning of the end for fossil fuels, the actual text was undermined by loopholes and was flawed given the absence of timescales. That means there is even more emphasis on the upcoming COP29 summit, which will be more important than ever. Strengthening the wording on the acceleration away from fossil fuels must be the first priority. That will require rapid and sustained emission reduction, and increasing renewables will be crucial. The Liberal Democrats absolutely agree with the Green party about the focus on renewables. At COP28, a commitment was made to triple renewable energy. The commitment marks progress; now, action must follow. Climate finance must be increased if the agreements of COP28 are to be honoured. Here at home, I urge everybody to support the climate and nature Bill. Nature is critical for effective climate action, and biodiversity is our greatest natural defence against climate change. The CAN Bill would require the Government to rapidly reduce our carbon footprint and protect and restore ecosystems, and would ensure that the Government take responsibility for the environmental damage caused by our supply chains. Halting and reversing deforestation made it into the final text of a COP agreement for the first time at COP28, with Governments agreeing on the need to halt and reverse deforestation by 2030. But forests continue to be decimated for crops. Reversing deforestation is also a responsibility for importing countries such as the UK, which must eliminate deforestation from their supply chains. Deforestation must be a big focus for COP29, and ideas such as a compensation fund for conserving standing rainforest should be part of the discussion. No country should be left behind in our shared goal of halting warming. Article 6 of the Paris agreement is all about helping countries to work together to meet their climate goals through the voluntary transfer of carbon credits. At COP28, we were unable to finalise this; we look ahead to COP29 to make it easier for countries to collaborate on lower emissions. Finalising the new collective quantified goal on climate finance must also be a focus. The NCQG aims to set a new financial target for supporting developing countries in their climate actions. The timeframe for the goal is crucial: a short goal will inspire a sense of urgency to get finance flowing where it is needed. It is reassuring that the new Government have committed to ending licensing for exploring new oil and gas, and I hope Labour will take this promising start on to the world stage and negotiate for an agreement that goes further and faster than the agreement made last year. It is particularly important that the more developed nations remain the driving force behind the global journey to net zero, setting a good example and bringing the international community along with us. At COP28 we understood that COP’s work was based on three pillars of action: mitigation, adaptation and loss and damage. Mitigation is where we have made reasonable progress; adaptation is the next challenge. The second pillar of climate change is adaptation. It is essential to adjust to climate change as it is happening. As we speak now, we see it everywhere. The Climate Change Committee has advised that the gap between the level of climate risk we face and the level of adaptation under way has widened in the past few years. Estimated adaptation costs in developing countries are five to 10 times greater than current public adaptation finance flows. At home, sea levels could rise by over a metre by the end of the century. The more we put off adaptation measures, the more difficult and expensive it will be in the future. National adaptation plans or NAPs—another acronym—are a vital part of this. COP29 must focus on financial and technical assistance, and close the adaptation finance gap. Another part of the COP28 agreement that needs action is the overreaching global goal of adaptation. A long time in the making, that agreement is welcome, but its framework does not adequately address the financial support needed. The GGA requires quantified, measurable targets to mobilise finance. The third and final pillar, and the one of most importance if we look around the planet, is loss and damage. The launch of the loss and damage fund at COP28 was a breakthrough: it marked an important step in Britian’s relationship with climate-vulnerable countries. However, the money that was pledged was miserable. It is shameful that we, a rich nation, could not come up with more. COP29 should establish long-term commitments from countries to make adequate annual contributions. Under the previous Conservative Government, the UK’s contribution to the loss and damage fund came from pre-existing climate finance commitments and the foreign aid budget. Foreign aid is vital, but it is separate from climate action; it is about education, health and so on. To put the two together was either cynical or a huge misunderstanding; it makes a mockery of the whole principle. The idea of the fund is that richer nations should support poorer ones, no strings attached. Simply redirecting pre-pledged finances to the fund was a real dereliction of duty. COP29 is the moment for countries to stand by their pledges by announcing concrete steps to achieve them. The implementation of the fund must be led by the needs of countries vulnerable to climate change, rather than the interests of donor countries. To conclude, national and international action on climate change is not a nice-to-have luxury, but an imperative to avoid the inevitable destruction of livelihoods around the world and the potential of large-scale conflict and mass displacement. The stakes could not be higher. We might have to reinvest a fraction of our wealth, but the benefits of that are immeasurable.