State of Climate and Nature

Simon Hoare Excerpts

Monday 14th July 2025 Commons Chamber

[Ed Miliband]

My hon. Friend speaks with great expertise and passion on these issues, and she is absolutely right. This is about what we do to engage with other countries. We had an environment dialogue with the Chinese Minister a couple of weeks ago in London. I engage with China, India and Brazil, all of which are absolutely key; Brazil is obviously the host of COP30. She is right to say that COP30 will be a crucial moment when we will show that we are continuing to take action, and that is what we are determined to do.

[Simon Hoare (North Dorset) (Con)]

As a sponsor of the Climate and Nature Bill, I welcome the Secretary of State’s statement this afternoon. He is right to highlight that this is a national crisis, and many of us across the House are right to point out that it cannot be ignored and that inaction has too great a cost, but he will be aware that the costs are politicising this issue for many people in this country. Legislation is before the House regarding where and how pension funds are invested. Can he assure the House that he is talking to Treasury and local government Ministers to ensure that the maximum amount from those pension funds—particularly, but not exclusively, the local government pension fund—can be invested in green energy projects? That will widen the investment base and therefore hopefully reduce costs, depoliticising the issue and resulting in the greening of our energy generation that we all want to see.

[Ed Miliband]

I warmly thank the hon. Gentleman for his contribution and his sponsorship of the Climate and Nature Bill. He is the voice of good sense—I hope that is not the kiss of death—on the Conservative Benches. He raises an important issue about pensions and pension investments, and it is one that I will take up.