M

Member

Speaking in the House of Lords on 9 September 2026

Debate

Financial Services and Markets Bill [HL]

Contribution

We have been around this particular block a number of times and, as Einstein said, it is a sign of madness to do the same thing time and again and expect a different result. It will not surprise the Minister if I say that, had circumstances been different today, I would have pushed my Amendment 90 to a vote. Instead, I hope he will give an assurance from the Dispatch Box that he gets it; that climate and destruction of carbon sinks—i.e. deforestation—are two sides of the same coin. If climate is a financial risk, then so too is deforestation, and investment decisions will be poorer if these considerations are not taken into account.

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