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Finance for Loss and Damage

Volume 718: debated on Wednesday 20 July 2022

2. What recent discussions he has had with (a) Cabinet colleagues and (b) his counterparts in other wealthy nations on mobilising finance for loss and damage. (901184)

In June at the Bonn intersessional meeting, the Glasgow dialogue on loss and damage was launched to discuss the funding arrangements for addressing loss and damage. This will continue to be a critical forum to discuss practical ways in which finance can be scaled up and effectively delivered.

This week’s record-breaking temperatures across the UK show that climate change is on our doorstep, but many of the world’s poorest countries have been dealing with this climate crisis for years. The cost of not acting on climate change is spiralling out of control, so can I ask what specific steps the right hon. Gentleman is taking to put Scotland’s world-leading approach to funding loss and damage on the agenda for COP27?

As the hon. Lady knows, at COP26 we agreed a way forward with the Glasgow dialogue, and that took place in Bonn. I am quite sure that the issue of loss and damage will feature highly at COP27, in whichever forum. It is vital that we also support developing nations to make clean energy transitions, and that is something we are doing through the just energy transition partnerships with South Africa and other countries such as India, Indonesia, Vietnam and Senegal.