Here are the climate-related sections of speeches by MPs during the Commons debate Draft Commonwealth Development Corporation (Limit on Government Assistance) Regulations 2023.
14:30 Andrew Mitchell (Conservative)
The strategy commits BII to greater ambition on geographical spread, climate and gender impact. The provision of increased support is critical for BII to continue implementing this strategy, which is the cornerstone of wider publicly announced ambitions under the Government’s British investment partnerships, the international development strategy 2022 and the UK’s commitment to provide at least £11.6 billion of international climate finance between 2021 and 2026. Expanding BII’s reach into new markets of strategic importance to the UK, consistent with its mandate laid down by the shareholder, will enable it to continue as a key vehicle for our economic development objectives, helping to build greener and more prosperous economies.
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14:49 Preet Gill (Labour)
Lastly, I wanted to ask the Minister about what is driving UK development policy, as it simply does not make sense to me. Why, one might well ask, is BII the only untouchable domain of UK development spending, when we are scaling back climate finance, when bilateral aid to Africa has been parked, and support to desperate Afghans fleeing the Taliban, who now comprise the biggest group crossing the channel on small boats, has been cut to ribbons?
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14:55 Andrew Mitchell (Conservative)
Secondly, the hon. Lady made the point that BII does not, by definition, engage in the most egregious extent of poverty; other parts of the development budget do that. If we take a holistic view across the piece of where we should put our taxpayers’ money for maximum effect in achieving the SDGs and driving forward our climate financing and climate result objectives, we must make that allocation. We do not expect BII to address some of the most egregious effects of poverty; we use grant funding and co-financing, and we do it bilaterally and multilaterally through other mechanisms.
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