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Protecting and Restoring Nature: COP15 and Beyond

I welcome the right hon. Gentleman’s intervention. He is right that we need to look at land restoration as one of the key indicators. It is particularly the case in sub-Saharan African countries, which are facing an increasing challenge of desertification from climate change, which they are having to fight against, rather than just looking at the land that is already semi-desert and trying to see how to restore that. It is a huge problem. The NBSAPs must be living documents, which is why they need to be ratcheted up, as the hon. Member for Brighton, Pavilion said, every five years between major COPs.

Let me turn to finance. I pay tribute to Mia Mottley, the Prime Minister of Barbados, who spoke at the beginning of COP26. For my money, she was the most powerful speaker at the whole event. She pointed out to the politicians assembled for the launch of COP26 that the promise we had given was for $100 billion a year to be put into the global planet fund to help the global south to cope with climate change and to take effective mitigation efforts. We have not delivered that, and we are nowhere near delivering it. She pointed out that it was not because we could not afford it, because we had just spent $9 trillion—trillions, not billions—bailing ourselves out over the covid pandemic. The funds are available and they must be made available.

The extent of quantitative easing that the global north has allowed itself since the 2008 global financial crisis has been more than $36 trillion. What is COP15 asking for? It is asking for the same as was promised at COP26: $100 billion a year, rising to $700 billion a year. That is essential. If we are to enable those developing countries in the global south to do exactly what the right hon. Member for Epsom and Ewell was talking about with regard to the restoration of degraded land, and if we are to deal with these problems, we have to be serious. As the human species, we do not have the right not to be.

Type
Proceeding contribution
Reference
718 c569 
Session
2022-23
Chamber / Committee
House of Commons chamber
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