Draft European Bank for Reconstruction and Development (Further Payments to Capital Stock) Order 2024 - 12th November 2024

Here are the climate-related sections of speeches by MPs during the Commons debate Draft European Bank for Reconstruction and Development (Further Payments to Capital Stock) Order 2024.

Full text: https://hansard.parliament.uk/Commons/2024-11-12/debates/835D9EEE-3B9C-42BA-944A-B68FCFAB614E/DraftEuropeanBankforReconstructionandDevelopmentFurtherPaymentstoCapitalStockOrder2024

09:32 Tulip Siddiq (Labour)

The hon. Member also asked about climate change. The EBRD’s aim is for more than 50% of its total investment in 2025 to be towards green projects, reducing net annual greenhouse gas emissions by at least 25 million tonnes. Since 2006, the EBRD has invested €49 billion in more than 2,600 green projects, which are expected to reduce carbon emissions by 124 million tonnes yearly. I thank the hon. Member for his constructive comments and his questions.

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