Baroness Northover (LD)

My Lords, I thank the Minister for his very encouraging reply. I think that we are in agreement that there could not be a more important area. No one paid attention to the subprime market, then we had the 2008 crash. The economic and social costs are still with us a generation later, with incomes stalled and politics driven left and right, causing further economic and social damage. We know the risks of not paying attention to the risk to financial stability. I am afraid I do not accept what the noble Baroness, Lady Neville-Rolfe, says, and I regret the loss of cross-party agreement in this area. But of course, beyond those risks, what is even more important is to address climate change and nature loss, and the Minister acknowledged that. It is an existential crisis, and we increasingly see the reality of that. I noted with interest his history, and I remember the commitment that Mark Carney made—how he said that he thought others were doing this and addressing this, then realised that that was not the case and that he needed to address this. He led the move, particularly at Glasgow and in the financial sector, in the way that the Minister has just described. I am encouraged by what the Minister has said that he will bring forward at Third Reading, and I trust what the noble Baroness, Lady Hayman, said in relation to the conversations that she has had with the Minister and about his commitment. He has made this commitment for Third Reading, and I look forward to seeing how that is to be delivered. He is clearly very much involved in this. Therefore, I take what he says at face value and look forward to seeing that. On that basis, I withdraw my amendment.