COP 26

Debate between Lord Teverson and Baroness Evans of Bowes Park

Tuesday 16th November 2021 Lords Chamber

[Baroness Evans of Bowes Park (Con)]

I thank my noble friend. She is absolutely right. So many people played such an important part in COP 26. It was attended by 120 world leaders. There were over 38,000 delegates from 194 countries. We brought together thousands of delegates from civil society, indigenous peoples, business, youth groups and women’s groups—all coming together with a common goal. I would be delighted to visit Hull if she would like to arrange it.

[Lord Teverson (LD)]

My Lords, I was very pleased to hear in the Prime Minister’s Statement that, as I understand it, Alok Sharma will continue his full-time role as president of COP 26 until Egypt next year. I congratulate him on what he achieved this time.

Two themes that came out in COP 26 were methane and carbon sequestration. Going from the macro to the micro, I suggest two things that the Government could easily do, almost immediately, to help in those areas. In North Sea gas flaring, we are still the laggard in comparison with other North Sea oil and gas producers. We allow flaring. The Oil and Gas Authority recently released a new strategy which said that it would stop flaring, except in exceptional circumstances, by 2030. Why do we not stop it immediately?

With carbon sequestration, peatlands are one of the major areas of carbon storage and the UK has some of the largest areas in the globe. Yet we still allow peat extraction for gardening and other areas, and we allow it to be sold as a gardening accessory. We can stop this almost immediately. It is the Government’s intention to do so, so why do we not do both those things now?

[Baroness Evans of Bowes Park (Con)]

I am happy to raise the noble Lord’s points with colleagues and we will continue to look at ways to meet our obligations. The noble Lord rightly talked about methane emissions. More than 100 countries, responsible for just under half of all methane emissions, joined the global methane pledge to cut them by 30% by 2030. That includes six of the top 10 methane emitters—the US, Brazil, the EU, Indonesia, Pakistan and Argentina—and the noble Lord will be interested to know that, according to the global methane assessment, action on methane can avoid up to 0.3 degrees centigrade of warming by 2040. He is absolutely right that we need actions at all levels to ensure that we continue working towards this goal.

G7 and NATO Summits

Debate between Lord Teverson and Baroness Evans of Bowes Park

Thursday 17th June 2021 Lords Chamber

[Baroness Evans of Bowes Park (Con)]

As I have said in response to previous questions, we remain and will remain a world-leading aid donor. Officials are currently looking through the implementation plans for our spending and I am sure that the noble Lord’s comments will be taken into account.

[Lord Teverson (LD) [V]]

My Lords, we very much welcome the G7 meeting here in Cornwall, where I speak at the moment, and we thank those who came for the good weather. Like the noble Lord, Lord Ricketts, what I really welcome is the concept of the Build Back Better World initiative. However, it seems potentially far too complex as it is explained at the moment. As we know from the Marshall plan after the Second World War, the European Bank for Reconstruction and Development, the belt and road initiative and the Asian Infrastructure Investment Bank, having simple single funders for these programmes works best. Will that be the case for B3W?

[Baroness Evans of Bowes Park (Con)]

The new approach is intended to give developing countries access to more, better and faster finance while accelerating the global shift to renewable energy and sustainable technology, and it is intended to expand the current investment offer by bringing in private finance for clean and green infrastructure in developing countries, to ensure that they have autonomy over their climate investments and ensure financial sustainability and access to cutting-edge technology and financing projects. As I said, a designated taskforce will look at the details, consult developing countries and other partners and report back on progress in the autumn.