International Climate Action Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Ed Davey
Main Page: Ed Davey (Liberal Democrat - Kingston and Surbiton)Department Debates - View all Ed Davey's debates with the Department for Business, Energy and Industrial Strategy
International Climate Action
Ed Davey Excerpts(4 years, 6 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Andrea Leadsom
Of course air quality is vital, and the move to electric vehicles is important. My hon. Friend will be aware that we have a £400 million investment in charging infrastructure for electric vehicles, but it is also vital that we generate electricity from low-carbon sources to provide electricity for those electric vehicles.
Sir Edward Davey (Kingston and Surbiton) (LD)
Does the Secretary of State agree that the climate emergency demands that we reform the whole financial system, to decarbonise capitalism and green the City? If so, why are the Government taking three years to implement the mandatory disclosure of climate-related financial risks, when it could be brought in within one year?
Andrea Leadsom
The right hon. Gentleman will be aware that just this weekend the Prime Minister doubled our international climate finance contribution, from £5.8 billion to £11.2 billion, for 2021 to 2025. That demonstrates our commitment to providing support for those in developing countries.[Official Report, 30 September 2019, Vol. 664, c. 10MC.]