Last month, I co-chaired a ministerial meeting with Egypt’s COP27 President-designate, bringing together almost 50 Governments to discuss progress on the implementation of countries’ COP26 commitments. We discussed the commitments to revisit 2030 emission reduction targets, finance, and work programmes on adaptation, loss and damage. While some progress has been made in turning commitments into action, countries need to significantly accelerate the pace of implementation on the road to COP27.
On Friday, I joined the Rugby Green Christian group for a question time event to consider national and local responses to the challenges we face. Does the COP26 President agree that those discussions are essential to building local support for the measures the Government are taking?
I commend my hon. Friend for the work he is doing in this area and he is absolutely right. We can all play a part in tackling climate change. It is vital that we do so to make not only the environmental case but the very positive economic case for climate action.
I agree entirely with my hon. Friend about the need for commitments and action. I can confirm that at the G7 Ministers reaffirmed the key climate commitments that were made at COP26 and we also agreed to phase out the use of domestic coal and end G7 international fossil fuel finance by the end of 2022.
My hon. Friend raises an important point. Of course, hydrogen is clearly part of our energy future. We set out our hydrogen strategy last year and, as he will know, in the energy security strategy we have doubled our ambition to 10 GW of low-carbon hydrogen production capacity by 2030. Internationally, we are working with partners through the COP26 breakthrough agenda to ensure that clean technologies such as hydrogen are affordable and accessible for all by 2030.
The hon. Gentleman knows that the North Sea Transition Authority launched the UK’s first ever carbon storage licensing round yesterday. I am very happy to meet him or to ensure that a Minister from the Department for Business, Energy and Industrial Strategy meets him.
As my right hon. Friend said, the agreement we reached was for the G7 to phase out domestic coal. Of course, we want to see that happen in developing economies across the world and that is why we are working, as we did with South Africa, to ensure that funding is made available to a number of other countries that are major emitters to ensure that they are able to make that transition to clean energy.
If all the forest pledges made at COP26 are delivered, we will have achieved 10% of the emissions reductions that we need to stay within 1.5°, so nature is critical to achieving net zero. Will my right hon. Friend update the House on his ambitions for biodiversity at the COP15 summit?
We are working very closely on the issue. We want to ensure that there is a new framework for biodiversity. My hon. Friend is absolutely right that COP26 had a big focus on reversing deforestation and supporting biodiversity; we are continuing to press forward on that issue.
Before we start Prime Minister’s questions, I remind Members of the service at St Margaret’s at 1 o’clock today to commemorate the 40th anniversary of the end of the Falklands war. I hope that as many hon. Members as possible will be able to attend.
I would also like to point out that the British Sign Language interpretation of proceedings on PMQs is available on parliamentlive.tv. [Interruption] Not that sign language!