Wednesday 9th November 2022

(1 year, 5 months ago)

Commons Chamber
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Rishi Sunak Portrait The Prime Minister (Rishi Sunak)
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With permission, Mr Speaker, I will make a statement on COP27, which I attended in Sharm el-Sheikh on Monday.

When the United Kingdom took on the presidency of COP, just one third of the global economy was committed to net zero. Today, that figure is 90%, and the reduction in global emissions pledged during our presidency is equivalent to the entire annual emissions of America. There is still a long way to go to limit global temperature rises to 1.5°, but the historic Glasgow climate pact kept that goal within reach. I know that the whole House will want to join me in paying tribute to my right hon. Friend the Member for Reading West (Alok Sharma) for his inspirational leadership as COP President.

The question at this summit was whether countries would deliver on their promises. I am pleased to say that our nation will. We have already cut our carbon emissions faster than anyone else in the G7, and we will fulfil our ambitious commitment to reduce emissions by at least 68% by the end of the decade.

I know that some have feared that Putin’s abhorrent war in Ukraine could distract from global efforts to tackle climate change, but I believe it should catalyse them. Climate security and energy security go hand in hand. Putin’s contemptible manipulation of energy prices has only reinforced the importance of ending our dependence on fossil fuels, so we will make this country a clean energy superpower. We will accelerate our transition to renewables, which have already grown fourfold as a proportion of our electricity supply over the last decade; we will invest in building new nuclear power stations for the first time since the 1990s; and, by committing £30 billion to support our green industrial revolution, we will leverage up to £100 billion of private investment to support almost half a million high-wage, high-skilled green jobs.

There is no solution to climate change without protecting and restoring nature, so at COP27 the UK committed £90 million to the Congo basin as part of £1.5 billion we are investing in protecting the world’s forests, and I co-hosted the first meeting of our forests and climate leaders’ partnership, which will deliver on the historic commitment to halt and reverse forest loss and land degradation by 2030.

Central to all our efforts is keeping our promises on climate finance, so the UK is delivering on our commitment of £11.6 billion. To support the most vulnerable who are experiencing the worst impacts of climate change, we will triple our funding on adaptation to reach £1.5 billion a year in 2025.

In Glasgow, the UK pioneered a new global approach, using aid funding to unlock billions of pounds of private finance for new green infrastructure, so I was delighted to join President Ramaphosa to mark the publication of his investment plan, which delivers on this new model. South Africa will benefit from cheaper, cleaner power, cutting emissions while simultaneously creating new green jobs for his people. We will look to support other international partners in taking a similar approach.

We also made further commitments to support clean power in developing countries. This included investing a further £65 million in commercialising innovative clean technologies and working with the private sector to deliver a raft of green investment projects in Kenya.

The summit also allowed me to meet many of my counterparts for the first time. With the Egyptian President, I raised the case of the British-Egyptian citizen Alaa Abd el-Fattah. I know the whole House will share my deep concern about his case, which grows more urgent by the day. We will continue to press the Egyptian Government to resolve the situation. We want to see Alaa freed and reunited with his family as soon as possible.

President Macron and I discussed our shared determination to crack down on criminal smuggling gangs, and I discussed illegal migration with other European leaders too. We are all facing the same shared challenge, and we agreed to solve it together. I had good meetings with the new Prime Minister of Italy, the German Chancellor, the President of the EU, the President of Israel, and the leaders of the United Arab Emirates, Kenya and Norway, as well as the UN Secretary-General.

In all these discussions, the United Kingdom is acting with our friends to stand up for our values around the world, to deliver stability and security at home. Tackling climate change and securing our energy independence is central to these objectives. Even though we may now have handed over the presidency of COP, the United Kingdom will proudly continue to lead the global effort to deliver net zero, because this is the way to ensure the security and prosperity of our country today and for generations to come. I commend this statement to the House.

Keir Starmer Portrait Keir Starmer (Holborn and St Pancras) (Lab)
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I thank the Prime Minister for advance copy of his statement. May I start by raising the case of Alaa Abd el-Fattah? As the Prime Minister knows and has said, he is a British citizen jailed for the crime of posting on social media and has been imprisoned in Egypt for most of the last nine years; he has been on hunger strike for the last six months. The Prime Minister just said that he raised this case with President Sisi; what progress did he make in securing Alaa’s release?

It is right that the Prime Minister eventually went to COP27. Remember the stakes: the world is heading for 2.8°C of warming—that is mass flooding, habitats destroyed, untold damage to lives and livelihoods. We must prevent that, for security, for the public finances and for the next generation. That is why it was inexplicable that he had to be dragged kicking and screaming to even get on the plane. Britain should be leading on the world stage, helping the world confront the greatest challenge of our time, but his snub, one of the first decisions of his premiership, was a terrible error of judgment and sent a clear message that if you’re looking for leadership from this Prime Minister, look elsewhere, and that if you want to get this Prime Minister to go somewhere, get the right hon. Member for Uxbridge and South Ruislip (Boris Johnson) first—get him to come along, then the Prime Minister will follow.

And the Prime Minister’s reluctance is so bizarre because climate action is not just a once-in-a-generation responsibility, it is also a once-in-a-generation opportunity: an opportunity to lower energy bills for good; an opportunity to ensure Britain’s security is never again at the mercy of tyrants like Putin; an opportunity to create millions of jobs and break out of the Tory cycle of low growth and high taxes. They are opportunities that he is passing by.

The Prime Minister said in his speech at COP27 that we need to “act faster” on renewables, so why is he the roadblock at home? As he was flying to Egypt, his Minister was reaffirming the ban on onshore wind—the cheapest, cleanest form of power we have.

The Prime Minister also said at COP27 that he realises

“the importance of ending our dependence on fossil fuels”,

but he inserted a massive oil and gas giveaway when Labour forced him into a windfall tax: taxpayers cash handed over for digging up fossil fuels. Shell has made £26 billion in profits so far this year, but not a penny paid in windfall taxes; he has completely let it off the hook.

And what about the industries of the future? Manufacturers of batteries for cars in Britain: struggling. Green hydrogen producers: struggling. Yet in other countries, these industries are taking off: jobs going abroad because we have no industrial strategy here at home.

The Prime Minister also said at COP27 that it was

“right to honour our promises”

to developing countries. So why is he cutting the aid budget? It is always the same message, “Do as I say, not as I do,” and because of that, it will always fall on deaf ears.

It is time for a fresh start. A Labour Government would make Britain the first major economy to reach 100% clean power by 2030. That would cut bills, strengthen our energy security, create jobs, and make Britain a clean energy superpower. And our green prosperity plan would establish GB Energy, a publicly owned energy company, to invest in the technologies and the jobs of the future here in the UK.

As we attempt this endeavour, we have a fair wind at our back: not just the ingenuity and the brilliance of people and businesses in this country but the natural resources of our island nation. Wealth lies in our seas and in our skies, and it is an act of national self-harm not to prioritise them over expensive gas. That is the choice at the next general election, whenever it comes: more of the same with the Tories or a fairer, greener future with Labour.

Rishi Sunak Portrait The Prime Minister
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The right hon. and learned Gentleman raised the matter of my attendance at COP. I gently point out to him that Labour Prime Ministers failed to attend, I think, 12 of the 13 COPs held during their time in office. As Chancellor, I hosted the finance day on COP last year, where we had landmark agreements to rewire the financial system to unlock the trillions of dollars that we need in private finance to flow to help us with the transition. It is a record that I am proud of and one, by the way, that is recognised around the world.

Let me deal with the right hon. and learned Gentleman‘s brief substantive questions. He asked about renewable power. Forty per cent. of our electricity now comes from renewable power. That is up fourfold since 2010. What did we inherit? A Labour Government who believed there was no economic case for new nuclear power. He talked about oil and gas. Again, he needs to live in the real world. Oil and gas are going to be a part of our energy mix in the transition for several years ahead. It is simply pie in the sky to pretend otherwise. The independent Climate Change Committee has even recognised that. The carbon footprint of homegrown gas is half the footprint of importing gas from abroad, so it is a sensible thing to do.

Our plan is the right plan. It is realistic, it is credible, it is delivering for the British people, as well as delivering on our climate commitments. The right hon. and learned Gentleman’s own shadow Chief Secretary described his climate plan as a “borrowing plan”. We know where that leads us. It is not the right thing for the British people. [Interruption.] I know the British people trust me to manage the economy and they will not trust the Labour party. The right hon. and learned Gentleman might be focused on reparations around the world. We are focused on creating a strong economy here at home and that is what we will do.