To ask the Secretary of State for Energy and Climate Change, if he will make it his policy to promote a global agreement at the UN Climate Change Conference to provide greater certainty and stability to help unlock private sector investment in green technology; and what assessment he has made of the likelihood of such an agreement being reached.
Answered on
26 March 2015
The UK’s objectives for the 21st meeting of the Conference of the Parties (COP21) to the United Nations Framework Convention on Climate Change (UNFCCC) are to secure an ambitious and legally binding agreement that includes mitigation commitments from all countries to help reduce emissions globally, consistent with a path towards the 2°C goal. Further, the UK wants the Agreement to recognise the role public finance, private sector investment and alternative sources of finance can play in ensuring greater investment in green technology.