Tag: 2022

  • PRESS RELEASE : Trade Secretary – Wales Life Sciences sector key to UK growth [November 2022]

    PRESS RELEASE : Trade Secretary – Wales Life Sciences sector key to UK growth [November 2022]

    The press release issued by the Department for International Trade on 28 November 2022.

    Badenoch hosts the Board of Trade in Cardiff, where she will launch the Board’s report on Life Sciences and announce 28 new Export Champions.

    • New DIT report reveals how trade and investment will boost growth for the UK’s world-leading Life Sciences sector
    • On her first visit to Wales as Trade Secretary, Kemi Badenoch hosts the Board of Trade in Cardiff and will then visit a newly expanded pharmaceutical manufacturing company working on pioneering cancer therapies
    • She will also announce 28 leading business figures as the first Export Champions for Wales, Scotland and Northern Ireland to boost trade across the Union

    Trade Secretary Kemi Badenoch visits Wales today (Monday 28 November) where she will praise Welsh companies as ‘critical’ to the UK’s life sciences sector and back them to play a pivotal role in the UK Government’s growth plans.

    Badenoch will host the Board of Trade in Cardiff and launch the Board’s report on Life Sciences, which sets out the opportunities the sector offers for economic growth across all the UK’s nations and regions. Life sciences is one of five growth industries named by the Chancellor when he set out plans to change EU regulations in his Autumn Statement earlier this month.

    The UK directly employs more than a quarter of a million people in the sector, with 50% of jobs located outside of London, East of England and the South East. Wales is known as a hotspot for Life Sciences companies employing more than 12,000 people and generating £2.5bn in turnover across 270 sites, an important contribution to the UK’s economy.

    President of the Board of Trade and Trade Secretary Kemi Badenoch said:

    Whether it is inventing new ways to combat cancer, diagnose disease or simplify surgery, Wales is critical to our life sciences sector.

    Three quarters of our life sciences market is exporting to the world and with a 12,000 strong workforce covering everything from PPE production to tissue regeneration, Wales is fuelling the UK’s position as a science superpower.

    This new report from the Board of Trade shows why our support to SMEs across the country to export is so important and why we are committed to ensuring the UK is a world-leading destination for life sciences investment.

    Today’s Board of Trade’s report ‘Life Sciences: What’s next for this top UK sector?’ marks Life Sciences Day and calls on the Department for International Trade (DIT) to further support this innovative sector by:

    • Redoubling efforts to encourage Research & development and manufacturing
    • Targeting lucrative markets by utilising DIT’s international footprint
    • Support scaling up and levelling up across the UK to ensure that businesses across regions and nations have access to export support.

    The Board will hear from Welsh manufacturer and exporter Dulas Ltd, which has supported immunisation and health efforts across the world by providing the first mass-produced solar-powered vaccine refrigerator. DIT has supported Dulas to access international markets for export – helping the country, and the world, build back better from the pandemic.

    Today, the Trade Secretary also announces twenty-eight leading business figures as the first Export Champions for Wales, Scotland and Northern Ireland, who will provide advice to UK businesses on how to break into international markets. Each Champion has been selected because they have a successful international trade track record.

    Finally, she will visit PCI Pharma, who recently expanded its manufacturing facility in south Wales with a multi-million-pound investment. The expansion will help the company keep pace with global demand for the production of cancer therapies and create around 200 jobs once the facility is at full capacity.

    Members of the Board of Trade are champions for exports and investment to deliver economic growth and prosperity across the whole of the UK. Domestically, they engage with business and people across the four nations to drum up support for trade and help companies export, and internationally, they help Britain campaign for free and fair trade. The Board of Trade celebrated its 350th anniversary in September this year.

    List of Export Champions:

    Wales:

    • Paola Dyboski, Dr Zigs
    • Rosie Davies, Rees Machinery Group Ltd T/A RMGroup
    • Sina Yamani, Yoello
    • Alison Lea-Wilson MBE, Halen Môn / Anglesey Sea Salt
    • Tee Sandhu, Samosa Co
    • Kamal Ali, My Salah Mat
    • Stephen Davies, Penderyn
    • John Pattinson, Air Covers

    Scotland (identified and appointed jointly with Scottish Development International):

    • Lee Hanlon, Cesscon Decom
    • Luis Gomes, AAC Clydespace
    • Hassan Heshmat, Hydro-C
    • Katie Birrell, Nairn’s Oatcakes
    • Alistair Walker, Walker’s Shortbread
    • James Varga, DirectID
    • Martin Murray, Dunnet Bay Distillery
    • Anna White, The Scotland Shop
    • Poonam Gupta, PG Paper
    • Ian Stevenson, Cyacomb
    • Federico Charosky, Quorum Cyber
    • Shahida Imani, Chromacity
    • Robert Kennedy, Optos

    Northern Ireland:

    • Alan Lowry, Environmental Street Furniture
    • Roger Johnston, Axial3D
    • Gabriel O’Keefe, Kiverco
    • Martin McKary, Texthelp
    • Patrica O’Hagan, Core Systems
    • David Ausdahl II, Lowden Guitars
    • Susie Hamilton-Stubber, Burren Balsamics
  • Grant Shapps – 2022 Letter to Energy Companies on the Level of Direct Debits

    Grant Shapps – 2022 Letter to Energy Companies on the Level of Direct Debits

    The letter sent by Grant Shapps, the Secretary of State for Business, Energy and Industrial Strategy, on 27 November 2022.

    Letter (in .pdf format)

  • PRESS RELEASE : New obesity treatments and technology to save the NHS billions [November 2022]

    PRESS RELEASE : New obesity treatments and technology to save the NHS billions [November 2022]

    The press release issued by the Department for Health and Social Care on 27 November 2022.

    A £20 million research boost will help to develop new medicines and digital tools which have been shown to help people shed 20% of their weight.

    • Obesity costs the NHS £6 billion annually, a figure which is expected to rise to over £9.7 billion each year by 2050
    • Funding will fast-track treatments, enabling the NHS to reallocate the money to vital front line services

    Cutting-edge obesity treatments and technologies which can help people shed 20% of their weight could soon be offered to NHS patients thanks to a £20 million research boost, the government has announced.

    Obesity costs the NHS a massive £6 billion annually and this is set to rise to over £9.7 billion each year by 2050. The new investment, announced today, is expected to save the NHS billions over time and ensure that vital funds are spent on key frontline services.

    The fund could lead to promising medicines and digital technologies being made available to patients, such as apps and online portals to encourage lifestyle changes, which have been shown in clinical trials to be safe and lead to a significant reduction in weight.

    Health and Social Care Secretary Steve Barclay said:

    Having a fit and healthy population is essential to reducing pressure on the NHS and supporting the economy with obesity, currently estimated to cost the NHS nearly £10 billion per year by 2050.

    We are fast-tracking the most promising treatments and technologies to NHS patients to help them achieve a healthy weight, save the NHS billions of pounds and increase life expectancy.

    We are determined to harness the full potential of innovative medical breakthroughs to level up the health of the nation.

    An open competition will be run in early 2023 to identify sites to deliver this research, exploring how new and potentially transformative medicines can be combined with technologies such as digital tools to improve long-term health outcomes for people living with obesity. Research will be focused outside of London and the Greater South East, in the areas where obesity rates and health disparities are highest.

    On Monday 28 November, the government will announce a Vaccine Taskforce approach to tackling some of the leading public health issues which damage the economy and drain NHS resources.

    Four healthcare missions will be launched, covering obesity, cancer, mental health and addiction to quickly develop and deliver new treatments, technology and support to patients to help them lead longer, healthier lives.

    This builds upon the UK Life Sciences Vision published in July 2021 which sets out a 10-year strategy to harness the successes of the Covid response and accelerate the delivery of innovation to patients.

  • PRESS RELEASE : UK Minister Anne-Marie Trevelyan travels to Australia for talks on the Indo-Pacific [November 2022]

    PRESS RELEASE : UK Minister Anne-Marie Trevelyan travels to Australia for talks on the Indo-Pacific [November 2022]

    The press release issued by the Foreign Office on 27 November 2022.

    Minister Anne-Marie Trevelyan will make her first visit in her new role to continue close UK-Australia cooperation and promote regional security and prosperity.

    The UK’s Indo-Pacific Minister Anne-Marie Trevelyan starts a visit in Australia today (Sunday 27 November – Canberra) in her first trip to the country in her new role, focused on joint efforts to promote peace and security in the region.

    The Minister will meet Minister for Foreign Affairs Senator Penny Wong, and Deputy Prime Minister and Defence Secretary Richard Marles, to discuss how the UK and Australia can deepen their defence and security partnerships to support a stable, prosperous Indo-Pacific.

    This includes progress on AUKUS, which will see Australia equipped with nuclear-powered, conventionally-armed submarines featuring world-leading UK technology. The initial 18-month scoping phase of the project is ongoing and expected to conclude by the spring. Beyond AUKUS, she will also discuss the two countries’ wider efforts to maintain stability and prosperity in the region, boosting bilateral trade opportunities, tackling climate change, and continued support for Ukraine.

    Anne-Marie Trevelyan MP, Minister of State for the Indo-Pacific, said:

    I’m pleased to be back in Australia for the second time this year to strengthen defence and security ties with one of our closest partners.

    Strong, ambitious partnerships with nations like Australia are at the core of our commitment to deepening our engagement with the Indo-Pacific and becoming the European nation with the broadest, most integrated presence in the region.

    Vicki Treadell, British High Commissioner to Australia said:

    I’m delighted to welcome back Anne Marie Trevelyan in her new role as the UK’s Minister for the Indo-Pacific to Australia. This visit affirms the UK’s ongoing commitment to Australia and the Indo-Pacific region, and follows on from a busy 18 months of UK engagement in the region, including the visit of the Carrier Strike Group, AUKUS agreement, our Prime Ministers meeting at the G20 in Bali and our forthcoming Free Trade Agreement.

    Trevelyan will also meet Senator Jenny McAllister, Assistant Minister for Climate Change, and Shadow Climate Change and Energy Minister Ted O’Brien.

    In addition to meetings with the federal government, she will also discuss UK priorities with key Australian parliamentarians, including members of the Defence and Trade, and Intelligence and Security committees.

    Her other engagements in Australia will include giving a speech at the Australian National Press Club on Monday 28th, and attending an event at the Australian National Security College on Thursday 29th, where she will record a podcast with Professor Rory Medcalf on the geopolitical challenges facing the Indo-Pacific.

    Trevelyan begins her visit in Brisbane, receiving a ‘Welcome to Country’, which honours the traditional owners of the land. The Minister will meet with representatives across government and civil society about the ongoing work that both state and federal governments are doing with First Nations communities across Australia.

    The Minister’s extensive programme of engagement with Australia – at a State and Federal level – reflects both the strength of the UK-Australia relationship and the importance of the Indo-Pacific to the UK, in the face of increasing regional geopolitical competition.

    Trevelyan’s visit to Australia is part of a wider nine-day trip to the Pacific, following a visit to Vanuatu earlier this week to attend the Conference of the Pacific Community and promote UK support for countries on the front line of climate change.

  • PRESS RELEASE : Gove claims Social housing tenants put at the heart of government reforms [November 2022]

    PRESS RELEASE : Gove claims Social housing tenants put at the heart of government reforms [November 2022]

    The press release issued by the Department for Levelling Up, Housing and Communities on 26 November 2022.

    Social housing tenants from across England will come together to make their voices heard and drive change, as the Government launches new resident-led panel.

    Over 250 tenants will meet today (26 November) to launch the group that will directly influence the government’s plans on improving social housing conditions and bringing about sector change.

    Members of the Social Housing Quality Residents will share their experiences with ministers, inform policy change and ensure resident voices are properly heard as the government drives forward its social housing reforms.

    The launch follows the Housing Secretary’s action, announced this week, against Rochdale Boroughwide Housing (RBH) after it failed to treat hazardous mould leading to the tragic death of Awaab Ishak.

    In a crackdown on poor standards, Michael Gove has stripped the housing association of new taxpayer funding for housing – until the Regulator of Social Housing has concluded its investigation and RBH can prove it is a responsible landlord.

    This serves as a warning to other housing providers, with Gove prepared to take robust action against those that are letting down tenants.

    Housing Secretary Michael Gove said:

    This government will not stand for any tenant being mistreated and we are acting to ensure they get the safe and decent homes they deserve.

    For too long, tenants have been denied a proper voice – this ends today. Our new residents panel will ensure that tenants are at the heart of reforms to social housing.

    I look forward to working with the panel to drastically raise the standard of social housing across the country.

    Housing Secretary Michael Gove and Minister for Social Housing Baroness Scott of Bybrook will attend the launch event to thank residents for their important contribution in the government’s work to improve social housing for tenants. Ahead of the launch, panel members from across the country have shared their views and hopes for the panel:

    Emma from East of England said:

    I would like to bring back the stronger relationships between tenants and their housing association.

    Quality of repairs has also become an issue, things being replaced for a lesser quality and the tenant is supposed to accept it in their home.

    Social landlords need to become more involved with their tenants and rebuild the fractured relationships.

    Roy from the East Midlands said:

    I have been an involved resident for nearly 12 years, and have worked tirelessly to improve the services provided by our landlord.

    It’s not always been easy and on many occasions it has been very frustrating. But we saw a chink of light with the publication of the Social Housing White Paper, as we might at least be able to make the services supplied by our landlord fit for purpose

    Abbey from the South East said:

    I am passionate about improving social housing.  I’m a scrutiny panel member and a block rep, but this initiative had the possibility to create change on a larger and less local scale. I would like to make sure that voice is heard.

    Karen from the South West said:

    I want to help improve the condition of social housing and also help remove the stigma attached to social housing.

    The panel forms part of the government’s commitment in the Social Housing White Paper to rebalance the relationship between tenants and landlords.

    Residents will shape the direction of the panel, with options to cover topics like how to raise awareness of the complaints process, or improving tenants’ access to information about their landlords.

  • Kirsty Blackman – 2022 Speech on Social Security Support for Children

    Kirsty Blackman – 2022 Speech on Social Security Support for Children

    The speech made by Kirsty Blackman, the SNP MP for Aberdeen North, in Westminster Hall on 23 November 2022.

    I thank you, Sir Christopher, for chairing the debate today. I congratulate my hon. Friend the Member for Airdrie and Shotts (Ms Qaisar) on bringing forward the debate and I thank all hon. Members for taking part.

    My hon. Friend made some points about individual organisations in her constituency. I absolutely agree that we should thank those organisations for all the hard work they do, because they are absolutely necessary, but we can do that at the same time as saying they should absolutely not be necessary. It was good to hear about Paul’s Parcels and the work that my colleague is doing to support those organisations and the eradication of poverty in her constituency. I hope that all hon. Members are doing what they can in their constituencies, as well as putting pressure on the UK Government to try and ensure a sufficiency of social security.

    Social security is about security; it is about having a secure situation where people can have positive mental health—the hon. Member for Strangford (Jim Shannon) talked about people’s mental health—rather than spending every moment worrying about whether they are going to be able to feed their children tomorrow, next week or next month, and whether they will be able to afford food. We need the social security system to work and provide the safety net that it is supposed to. After a decade of Tory Government, it continues to fail and it is not getting better.

    I have less optimism now for the futures of my constituents than I have ever had at any point in this job and in my previous job as a city councillor. In about 15 years in an elected role, I have never seen the levels of hardship that I see coming through the door in my constituency office, on the news and in our communities. This has not happened before.

    The problem is that there is no light at the end of the tunnel right now, no matter what the Government have announced in terms of inflationary upgrades, for example. As the hon. Member for Rutherglen and Hamilton West (Margaret Ferrier) mentioned, that is a temporary measure; it is not permanent and does not provide the level of structural reform people need to afford to live. What could be more important than ensuring that kids are fed and warm? There is nothing more important.

    Our Scottish Government are now into their second child poverty action plan. We had “Every child, every chance”, which ran from 2018 to 2022; we now have “Best start, bright futures” from ’22 to ’26. These plans are about putting tackling child poverty at the heart of the decision-making processes of the Scottish Government. I do not think it is too much to ask that the UK Government replicate that, and say that they care about eradicating child poverty, and therefore will have a strategy to do that and make it a central aim of their plans.

    David Linden

    More fundamental to that, though, would be if the UK Government could even start measuring child poverty, which is part of the issue. Yes, it would be great if they had a strategy to deal with it—that would be absolutely fantastic—but does my hon. Friend agree that it is alarming that the Government do not even measure child poverty? They do not realise the scale of it, other than by measuring it anecdotally, as I am sure the Minister does in his Hexham constituency when people come through the doors at his surgery on a Friday morning.

    Kirsty Blackman

    I agree. The fact that the Government are unwilling to even measure child poverty shows the lack of importance they give to this issue. If they cared as much about it as they should, they should be willing to explain, “This is what the current situation is. This is the measurement. This is how bad it is. This is how many people are suffering and how many children are in poverty in the UK in 2022”—in the UK in 2022! How can we be saying this? The UK Government need to stand up, hold up their hands and say, “This is the current situation and this is how we are going to improve it.”

    I want to set out a few specific asks, some of which have been made already. As my hon. Friend the Member for Airdrie and Shotts mentioned, 87% of those affected by the benefit cap are families with children. The benefit cap would need to increase by £942 to reverse the loss since 2013. Despite the fact that the Government are looking to increase it, this is only the fourth time that social security payments have risen with inflation in 10 years. If we in Scotland can find an extra £25 a week in order to provide the Scottish child payment, the UK Government, with their far vaster budget and flexibility in dealing with their fiscal situation, can surely afford to do the same. They can afford it, but they choose not to match the payments we are making in Scotland.

    There is the issue of the sufficiency of social security. One in four people on social security skipped meals this summer. That was in the summer—before the additional price cap increase on electricity and gas; before the upcoming winter months when people will need to put their heating on; before people had to buy school uniforms for their children when school started again in August or September. That situation is set only to get worse, and the promise of a temporary increase in universal credit will not fix it. There is currently no way out of this. We have no certainty that there is not going to be a cost of living crisis next year. Certainly none of my constituents has that level of certainty.

    Let me turn to the issue of debt repayment deductions that are made from universal credit and other benefits. We have a situation where the UK Government can take 25% off the standard allowance to reclaim debts. Sometimes, those debts are caused by overpayments that are no fault of the person, but entirely the fault of poor decision making in the DWP or job centres. To be fair, that does not happen all the time; I am just saying that sometimes it is an issue.

    If the UK Government have done an assessment of social security payments and believe them to be sufficient—that people can afford to live on them—how can they justify putting in place a benefit cap or taking 25% off the standard allowance? They are saying, “This is what we believe is sufficient for people to live on, but we are just going to take a quarter of it away.” It does not make any sense. People already cannot afford to live on the social security payments they are receiving. When the amount people are getting each month is reduced because of those reductions or the benefit cap, it is even less sufficient. Again, the conditionality and sanctions in place reduce that basic minimum level of payment that people should be entitled to.

    Jim Shannon

    The hon. Lady makes an interesting point. There have been occasions where overpayments have been made to my constituents. The money has to be paid back, and they understand that. Reducing payments by 25% is very unfair. In the past, my staff and I have managed to negotiate a reduction of 10%. That option is more manageable and should be given to the person at an early stage. Does the hon. Lady feel that is the right way forward?

    Kirsty Blackman

    I am glad that the hon. Member has managed that on behalf of his constituents. That is actually not the preferred route that I would take. I would prefer to look at whether people can afford payments rather than coming up with an arbitrary percentage, which is the UK Government’s preferred choice. I would look at affordability. How much are their outgoings and incomings? Can they afford to make the debt repayments? That is what we do, and when organisations like StepChange are managing debt, they look at whether people can afford it.

    David Linden

    In my time working for Glasgow Credit Union before I was a politician, one of the things we regularly had to do when determining whether someone was eligible to borrow loans was calculate their debt ratio. Although that is required by the Financial Conduct Authority and imposed on things like credit unions, part of the problem is that the DWP does not routinely look at people’s income and expenditure. Does the hon. Member agree that the Minister should look at a debt ratio when making these decisions?

    Kirsty Blackman

    I absolutely agree. That is the way this should be taken forward, rather than setting an arbitrary percentage—whether it is 25%, 10% or whatever level. It should be done on the basis of affordability, and a debt ratio would be the preferred method; it would make sense.

    One thing that I do not think has been mentioned yet is those people with no recourse to public funds. They are not in receipt of social security payments or the vast majority of payments that are available to others. We are seeing the most drastic and extreme levels of poverty experienced by some of those families, particularly refugee and asylum-seeking families. We are seeing children and families who literally cannot afford any food, and I just cannot believe that the UK Government are unwilling to make any change to the system of no recourse to public funds, because what people are going through is horrendous.

    The UK Government stand up and say, “Oh well, it’s fine. They can just go home to whatever country they came from.” Generally, people who are here having made an asylum or human rights claim are here because it is worse in the country they came from and because their children are in danger if they go back. In fact, no recourse to public funds sometimes applies to people who are stateless—they have no country to go back to. It is a horrendous situation, and the UK Government need to fix it.

    Ms Qaisar

    My hon. Friend is making an excellent contribution. On that specific point, I recently visited Manston and saw harrowing scenes of a tent full of families with young children. Those kids should have been playing in nursery; they should have been in a safe area. Instead, they were with dozens of other children in one tent. Does my hon. Friend agree that the wider issue at play is that the UK Government are spending their time othering communities? They are pitting communities against one another—whether they are refugees, working class, gay, lesbian or trans—when in actual fact we should all be uniting and campaigning to get that lot of Conservatives out.

    Kirsty Blackman

    I absolutely agree; I could not have put it better. No matter where they were born, the colour of their skin, their religion, their sexuality or gender identity, those children and families deserve a basic level of human dignity and fairness. That point about dignity, fairness and respect was made earlier. The UK is, in all our names, failing to provide that. It is choosing to make a differentiation between those people who are in slightly different communities and to treat them differently, and it is therefore trying to make that okay.

    In Scotland, we are putting wellbeing at the heart of what we do. We are one of the founding members of the Wellbeing Economy Alliance. We are not choosing to levy austerity on the most vulnerable people in our society; we are choosing to provide respect, dignity and fairness. We are choosing to provide as much as we possibly can within our limited budgets. Our five family payments, including the Scottish child payment, can be worth over £10,000 by the time a first child turns six, and £9,700 for subsequent children. That compares to £1,800 for an eligible family’s first child in England and Wales, and under £1,300 for subsequent children. The difference is £8,200, and it highlights the Scottish Government’s major support in the early years for low-income families.

    This is an incredibly important debate. We need a social security safety net that works. I would rather our social security system accidentally pay the few people who are not eligible—who do not meet the criteria—than miss any one child who should be receiving those security payments and that Government support. The ideological choice that I and the SNP would make is to put dignity, fairness and respect at the heart of the decision-making process. We need to make sure that children are not in poverty, and that our guiding mission and our choices go towards eradicating child poverty.

  • Jim Shannon – 2022 Speech on Social Security Support for Children

    Jim Shannon – 2022 Speech on Social Security Support for Children

    The speech made by Jim Shannon, the DUP MP for Strangford, in the House of Commons on 23 November 2022.

    As always, it is a pleasure to speak in today’s debate, Sir Christopher. I thank the hon. Member for Airdrie and Shotts (Ms Qaisar) for securing it, and congratulate her on her first Westminster Hall debate—I am convinced that it will not be her last, and we look forward to her future contributions.

    I was very impressed by the hon. Lady’s contribution today, which laid out the strategy of the Scottish Government and the work they have done outside this place for their own people. One cannot fail to be impressed by the clear commitment that the Scottish Government have to supporting children. The summary that the hon. Lady gave was illuminating and helpful; it is a guide for us in other regions across the United Kingdom to take note of, as I often do. I am a great believer in noting things that are done well in one region and taking them on board in my own region, and if we do something well, I like to share that. I know the Minister is of the same opinion.

    I am very pleased to see the Minister in his place, as he knows—I have said so to my colleagues this morning. I always look forward to his contributions and his answers; I think he understands the points that we are trying to put forward, and hopefully from that understanding will come the answers that we seek. I am sure the Minister will tell us what has been done for children and social security across the United Kingdom. I want to replicate the contribution of the hon. Member for Airdrie and Shotts from a Northern Ireland perspective; many of the things that she mentioned are happening in my constituency as well, as I will illustrate.

    The hon. Member for Airdrie and Shotts is right that the cost of living crisis is having a knock-on effect on children’s development. With the rising cost of electricity, oil, foodstuffs and school items such as uniforms and school meals, parents are struggling to make ends meet each month. That is greatly impacting parents and children. Social security services across the United Kingdom of Great Britain and Northern Ireland have a role to play in ensuring that children are given the best start in life. It is great to be able to discuss those matters.

    We all recognise that families are struggling. I do; I see it in my office every day. I find it distressing to see a family in need, or to see a mother distressed over her children and how to make ends meet. For me, the question is how we help. I know that that is also how the Minister will respond: how can we help? What can we do?

    Society is often marked, and should be marked, by its attitude to those in need. The hon. Member for Airdrie and Shotts referred to being a “voice of the voiceless”. That is what I want to be as well: a voice for the voiceless—for those who do not have the opportunity to come to Westminster but expect their MP to come for them. I am happy to do that.

    Increasing numbers of families are truly struggling through this winter. In my office, I have seen large numbers of families seeking assistance from food banks. I am always encouraged—I say this respectfully—that the first food bank in Northern Ireland was in Newtownards, in my constituency of Strangford: the Thriving Life Church food bank. We do between 20 and 25 referrals to the food bank every week, so we get a fair perspective on who is coming to the office.

    The manager of the food bank tells me that he foresees that this winter will be the hardest ever, and that is after 10 or 12 years of the food bank being in my constituency. It is not just the working class—I use that terminology to describe, rather than anything else—who come to the food bank. The working class will probably always be there, but the manager tells me that he now sees the middle class coming. I see that all the time. I see those who are squeezed by their mortgages and car repayments, who are living on a fine budget. They do not live in luxury, but they have a standard of living that they wish to have. They are being impacted, and I see that more than ever.

    Almost all the families who come to my office have young children of school age. People want to do the best for their children. That is what a father and mum do, and it is what we have done all our lives. Reports have shown that Northern Ireland has the worst poverty rates, including for child poverty, in the United Kingdom. One in four children—24%, or around 95,000—are growing up in poverty in Northern Ireland. A massive two thirds of that group are growing up in families where parents are working. Some 12% are in absolute poverty, which means exactly that: absolute. People face situations that they never thought they would face. They need help from food banks, churches and their families: mums and dads, grannies and grandas, and probably uncles and aunts will step in to help out as well.

    That highlights how dire the situation is. Belfast, Londonderry and Strabane are among the places with the highest volumes of child poverty in Northern Ireland at over 26%. The average for Northern Ireland is 17%, so in those areas it is even worse. Social security plays a crucial part in assisting people in Northern Ireland, especially families. Child maintenance is proven to help children’s wellbeing and the quality of family relationships. The parent who is not responsible for day-to-day care—the paying parent—pays child maintenance to the parent or the person who does: the receiving parent. Single parenting is a major factor in explaining why families are suffering. Looking after children as a single parent can be quite a challenge when one’s income has not increased along with inflation.

    In addition, universal credit is a widely used benefit that assists in living costs for those on low incomes. One of the girls in my office deals with nothing but benefit issues, because of the magnitude of the issue. That is a five-day week on universal credit, employment and support allowance, personal independence payments, disability living allowance, income support and even housing benefit.

    David Linden

    I know, having visited the hon. Gentleman in his constituency office in Newtownards last Easter, just how hard the staff in his office work. Does he agree with me that, even though we are in a crisis moment, now is quite a good time for a fundamental root-and-branch review of the social security system? Universal credit sometimes gets a bad rap. The concept in itself is not necessarily bad, but we need to look at how we can reform it to make it work. Churches do the right thing in terms of scripture—they look after our children and feed people—but that is not necessarily the role of churches. We should do a fundamental review of the social security system to ensure that churches can get on with their work rather than having to fill the void that has been created by the state.

    Jim Shannon

    As always, the hon. Gentleman brings knowledge to these debates, which is helpful. That is a knowledge that he has gained through practical and physical work on the ground. That can probably be said of everyone present, in fairness, but it is an illustration of that work. What do I think about the universal credit system? It was designed, by its very nature, to help. From what the lady in my office who deals with benefits issues tells me, I often find we have to advise that it might be better for people to stay on what they have at the moment. They should not necessarily transfer to universal credit because that, in theory, could disadvantage them.

    The hon. Gentleman asked whether there is a need to look at universal credit, and I think that the answer is yes, with respect. It should not be a disadvantage to go on to universal credit. It should not hurt people’s benefits. We must remember that the benefits are there for a purpose: they are there to help the person because they have a disablement. They may have care or mobility issues—serious issues. To make the change and lose out financially just does not make sense. I, the hon. Gentleman and probably all Members in the Chamber would be happy to give illustrations of that.

    Sometimes our advice has to be that what is available is not necessarily the best thing to go on to. That is the issue, unfortunately. I know that universal credit is there for a purpose, but it may not suit everybody. In addition, it is a widely popular benefit to assist with living costs for those on low incomes. The issue with universal credit is that it is a combination of many benefits and often families will receive less money. That is making it increasingly hard to cope with the rise in the cost of living. The Government, through the autumn statement, indicated that they wish to give people in the benefits system more opportunities to work. I welcome that, but that will not work in every case. It cannot work in every case because people have disability issues that mean they cannot work. In theory, it may help people, as they can gain universal credit and have a job at the same time. There are opportunities, but it does not suit all.

    The rise in the cost of living is also having a detrimental impact on people’s mental health. Any parent’s main priorities for their children are good health, housing and education. There has also been an increase in free school meals and uniform grant applications as parents are struggling to cope with the cost of school payments. This year has been horrendous. I have seen more and more people apply for the grants for free school meals and for uniform. A total of 97,000 children in Northern Ireland are on free school meals. There are consistent delays in processing the claims. The Minister is always keen to assist, so I ask, please, for some urgency when the applications are being processed. Let me give him an example. In September, one of my constituents applied for a school uniform grant. Eight weeks later—about two weeks ago—that money eventually came through. Again, at the time that it was needed, it was not there. It was not that it was not coming; that was not the issue. The issue is the processing of it.

    The Minister for Employment (Guy Opperman)

    I hesitate to interrupt esteemed colleagues in their speeches, because clearly I will try to address as many points as I can in closing. However, as always with any local constituency issue raised by colleagues from any political party, I ask the hon. Gentleman please to write me directly and I will look into it. Although that particular case may have taken eight weeks and the milk has spilt on that delay, I will look into it to try to see what I can do to ensure that the matters are processed an awful lot more quickly. We all accept that such delays are not acceptable.

    Jim Shannon

    The Minister has just demonstrated what I said earlier—he is a Minister who wants to help. I appreciate that, and I will take that opportunity. I think we all will. As he said, the milk is spilt and time has moved on, and the lady has got the payment, but she had to cover the full cost of uniform payments and free school meals herself for two months. The point is the pressure that is put on.

    I know the Minister is always there, and I thank him for his intervention. He is keen to reach out and always does; he has done so in my constituency. I appreciate that. Could some discussions take place with the Northern Ireland Assembly Minister to get a feel for the situation back home? That could be used to develop a policy that would be helpful for us all.

    There must be elements of dignity and fairness in social security support for children. Universal credit will rise by 10.1% in April 2023. I welcome that the Government have shown a willingness to support people. We thank them for the support, not just for children but also for senior citizens. My constituency has an ageing population and we also need to help them.

    That help for everyone is welcomed, including those in my constituency of Strangford, but the reality is that people are struggling now. There are ways to tackle that, with more and better jobs and a benefits system that enables people to gain extra work. I think the Government said that in the autumn statement, which the Chancellor delivered last week, but I would like to see how that will work; we need more information, because we advise people.

    Whenever we advise someone on benefits, we have to do that in a way that is to their advantage. It cannot be done without knowledge of the subject matter, because that could be detrimental. I am always conscious of that, and we have a very simple policy to always advise the pros and cons. The final decision is up to the applicant, but we have to advise them if there is a negative impact and they have to understand that.

    The rise in the cost of living is having an impact on everyone, but some are more vulnerable than others. As the hon. Member for Airdrie and Shotts said, we are a voice for the voiceless—those vulnerable people, those parents and children in need. We must do better to help them through this time.

  • Mick Whitley – 2022 Speech on Social Security Support for Children

    Mick Whitley – 2022 Speech on Social Security Support for Children

    The speech made by Mick Whitley, the Labour MP for Birkenhead, in the House of Commons on 23 November 2022.

    It is a pleasure to serve under your chairmanship, Sir Christopher. I congratulate the hon. Member for Airdrie and Shotts (Ms Qaisar) on securing this important debate.

    At this time of year it is natural for people’s minds to turn towards Christmas. I am sure that the Minister, like many of us, is looking forward to a well-earned break, the company of family and friends, and all the comforts and trappings of the season. But I must warn him that, for the more than one in five children in my constituency who live in poverty, the coming festive season holds none of the joy that he surely takes for granted. Indeed, for many of the children that I represent, 25 December threatens to be a day like any other—plagued by cold, hunger and fear.

    Our multimillionaire Prime Minister has at least had the sense to look beyond the walls of his country mansion and acknowledge the crisis facing millions of ordinary people this winter. Addressing the Cabinet yesterday, he is reported to have said that we are entering

    “a challenging period for the country, caused by the aftershocks of the global pandemic and the ongoing conflict in Ukraine.”

    But he is deluding himself if he believes that he can ignore the central role that the Conservative party has played in making this crisis. Even before the pandemic began, nearly 4 million British children were growing up in poverty, 75% of whom live in a household with at least one working parent. While the fallout of Putin’s war is hitting all of Europe’s major economies hard, none is being forced to grapple with the depth of deprivation we now see in the UK. That is a distinctly British ailment.

    A quarter of a century ago, a Labour Government set out on a moral crusade to end poverty. They recognised that spending formative years in poverty is the single most important determinant of life chances in everything from educational outcomes to life expectancy. That is why, when Labour was in power, we lifted 1 million children out of poverty, which is an historic achievement. However, today we bear witness to scenes of destitution and misery that we thought were a thing of the past. Former Prime Minister Gordon Brown has recently said that he is now seeing more children going hungry than at any time in his 40 years in public life.

    Margaret Ferrier

    Many of the support measures announced in last week’s Budget were temporary, but long-term support is required if we are going to provide all children with the best start in life. Does the hon. Member agree that the Government need to review this urgently?

    Mick Whitley

    The hon. Member makes a good point. We hope that the Government will take cognisance of what we are saying today.

    What the former Prime Minister has said is a stark indictment of 12 years of Tory failures. When the Minister launches his inevitable feeble defence of the Government’s record in a few moments’ time, he will undoubtedly point to the measures contained in last week’s Budget. It is true that after weeks of equivocation, the Chancellor has at last bowed to pressure and agreed to an uplift in the benefit cap and benefit payments, but for the thousands of young people in my constituency for whom poverty has become a fact of life, it is nowhere near enough. After 12 years of real-terms cuts to benefits and punitive sanctions, the idea that they should be in any way grateful to the Chancellor for the limited action he has taken is an insult.

    The Child Poverty Action Group has estimated that while benefits will be 14% higher in the next fiscal year, prices will be 21% higher for the poorest families in towns such as mine, and although a lifting of the benefit cap is long overdue it fails to even begin to undo the damage that has been wrought as a result of it being frozen in 2016. In fact, in communities such as Birkenhead, it would need to increase by a further £942 a month just to erase what has been lost since 2013, but still the Chancellor has the temerity to patronise hard-working families by saying that the best way out of poverty is through work. I want the Minister to know that most of the struggling families that I meet work harder and longer hours than either of us; the reason they are claiming benefits at all is the scourge of poverty pay.

    Last week, the Chancellor spoke of the need to treat the vulnerable with compassion, but a truly compassionate Government would recognise that the benefit cap, the two-child limit and the pernicious sanctions are just not working. They are trapping millions of our most vulnerable citizens—our young people—in poverty. Things cannot go on like this. For 12 long years, this Government have pursued a policy of slashing benefits, squeezing families, and inflicting punitive sanctions that drive people past the point of desperation. The result is that the hard-won progress we made in tackling child poverty between 1997 and 2010 has been almost entirely undone. That is a public policy failure almost without precedent. An entire generation of young people who have known only poverty and misery under a Tory Government is about to come of age; we cannot allow more to follow.

  • PRESS RELEASE : Boost for UK fishing industry with funding for new infrastructure projects [November 2022]

    PRESS RELEASE : Boost for UK fishing industry with funding for new infrastructure projects [November 2022]

    The press release issued by the Office of the Secretary of State for Scotland on 25 November 2022.

    £20 million awarded to modernise and improve infrastructure across the seafood sector, with a further £30 million available from today.

    Funding to expand processing facilities for popular British fish like Scottish salmon, mackerel and herring are some of the projects which will modernise infrastructure across the UK seafood sector following a £20 million Government investment.

    Part of the £100 million UK Seafood Fund, the announcement comes as a further £30 million is being made available today (25 November 2022) for infrastructure projects as the latest round of funding opens for bidding.

    The UK Seafood Fund is a landmark government investment supporting the long-term future and sustainability of the UK fishing and seafood industry, with the infrastructure strand of the Fund helping to pay for upgrades to ports, processing and aquaculture facilities so they can meet future demand whilst also boosting jobs and economic growth.

    The infrastructure scheme also supports businesses to become more environmentally sustainable, with successful bidders in Round 1 investing in greener technologies to reduce greenhouse gas emissions and adapting to more reusable materials.

    Successful bidders from the first round of infrastructure funding include:

    • Denholm Seafoods who with almost £3 million funding will install new equipment to increase production of mackerel and herring landed at Peterhead.
    • In the West Highlands, Mowi Scotland – an aquaculture processing facility for salmon – has been awarded £2 million funding to invest in new, modern equipment that will vastly speed up both the processing and despatch of their products.

    Fisheries Minister Mark Spencer said:

    Fishing communities are an important part of the UK’s heritage and they make a valuable contribution to our economy so we are backing them with funds to boost growth and opportunities across the industry.

    This funding will ensure seafood businesses throughout the supply chain are well-equipped to keep pace with increasing demand at home and abroad, boosting production and sustainability and building a resilient sector for the future.

    UK Government Minister for Scotland John Lamont said:

    It’s fantastic to see Scottish expertise securing a share of this multi-million pound UK Government funding. From substantially increasing the production of mackerel and herring in Peterhead, to speeding up the processing and sale of salmon from the West Highlands, the investment will boost innovation and sustainability.

    Scotland’s seafood, aquaculture and science sectors are world renowned. I look forward to continuing to work closely with them to ensure that this funding – and future allocations – helps deliver a sustainable and profitable future.

    Allan Stephen, Director at Denholm Seafoods, said:

    We are delighted with the support we have received from Defra, which from the outset has been highly productive. Securing the Defra grant will enable Denholm Seafoods to invest in our new freezing and production facilities which will maintain our high quality product.

    Scott Nolan, Mowi Scotland Operations Director Processing & Sales (UK and Ireland), said:

    The upgrade to our salmon processing plant in Fort William, Scotland, is vital to ensuring the UK remains competitive in a very global seafood market. The UK Seafood Fund Infrastructure Scheme comes at an important time, helping to safeguard and grow our domestic food supply as well as securing local jobs in rural communities.

    The UK has a thriving seafood sector with exports of salmon – one of the UK’s most important exports – worth around £600 million annually and other abundant fish stocks such as Cornish sardines in demand on the continent for their quality.

    For the second round of the UK Seafood Fund infrastructure scheme, which is worth £30 million and opens today, businesses will have until March 2025 to deliver their transformational projects meaning a wider range of organisations will be able to apply.

    Defra will also shortly announce successful applicants from the Fisheries Industry Science Partnerships (FISP) scheme, part of the UK Seafood Fund, which funds data collection and research to support sustainable fisheries management. The final FISP round will launch in December 2022.

  • PRESS RELEASE : COP27 Summit – Forests and Climate Leaders’ Event Summary [November 2022]

    PRESS RELEASE : COP27 Summit – Forests and Climate Leaders’ Event Summary [November 2022]

    The press release issued by the Cabinet Office on 25 November 2022.

    A summary of the Forest and Climate Leaders’ Event at COP27.

    Summary

    • The Forests and Climate Leaders’ Partnership was launched on behalf of a group of ambitious countries to drive delivery of the 2030 target to halt and reverse forest loss and land degradation by 2030.
    • 16 governments made statements on how they will work towards the 2030 goal. These included Colombia’s announcement of USD $200 million annually for the next two decades to save the Amazon, Kenya’s plans to restore 10.5 million hectares of degraded forests and rangelands, Ecuador’s plans to increase forested land by 1.4 million hectares by the end of 2023 and Germany’s increase of international climate finance for forests by €1 billion EUR.
    • Leaders demonstrated transparency to prior public finance commitments. The Global Forest Finance Pledge released a report outlining that USD $2.67 billion was contributed to forest-related programmes in developing countries in 2021, 22% of the 5-year commitment made at COP26.
    • Private sector leaders including SouthBridge Investments, &Green and Volkswagen made commitments to ensure their operations align with the 2030 goal to halt and reverse forest loss.

    At COP26, over 140 world leaders committed to “halt and reverse forest loss and land degradation by 2030 while delivering sustainable development and promoting an inclusive rural transformation” in the Glasgow Leaders’ Declaration on Forests and Land Use (GLD). This was backed by a financial package of $19.2 billion from public donors, philanthropy and private investors.

    Demonstrating delivery on these commitments is crucial to meet the 2030 GLD ambition. At COP27, leaders from governments, companies, the finance sector, and Indigenous Peoples came together at the Forests and Climate Leaders’ Summit to focus on delivery, to share best practice and scale action aligned with the GLD. Headline announcements included:

    Political Leadership

    The Forests and Climate Leaders’ Partnership (FCLP) was launched at the Summit on behalf of 26 Governments and the European Commission who together represent a third of the world’s forests and nearly 60% of the world’s GDP. These leaders are committed to maintaining political focus on the objectives of the GLD, to inspiring and fostering ambition and positive action through providing annual high-level political platforms, to being accountable for delivery of pledges made, and to supporting each other and scaling action through collective initiatives. The FCLP will provide a space for governments to innovate, and problem solve together to drive progress towards the 2030 target, and to take stock of current progress. Special Presidential Envoy for Climate, John Kerry announced that the FCLP will initially be co-chaired by the United States of America and Ghana.

    The Summit afforded the opportunity for government, business, civil society and Indigenous community leaders to set out how they are turning the GLD into practical action. This included 14 heads of state or government who spoke and a further 3 heads of delegation who represented their respective governments. For example, President Akufo-Addo of Ghana shared that Ghana’s Cocoa Forest Programme recorded its first emissions reductions which account for 972,456 tonnes of C02 equivalent and generated a result-based carbon payment of USD $4.8 million, and Ecuador announced that it will increase forested land by 1.4 million hectares by the end of 2023.

    Public Finance

    Delivery and Scaling

    At COP26,12 governments collectively committed USD $12 billion for international forests over 5 years through the Global Forest Finance Pledge. At the Summit, those governments collectively reported on progress (pdf, 287 KB). In calendar year 2021, USD $2.67 billion was contributed to forest-related programmes in developing countries. This equates to 22% of the original pledge and means that donors are on track to deliver by 2025. For example, the UK Prime Minister announced £65 million for the Climate Investment Fund’s “Nature, People and Climate” Programme (NPC). This funding will help to protect forests while supporting the livelihoods of the people who depend on them.

    In addition, governments demonstrated that public finance will be scaled to meet the 2030 target. Colombia’s President Gustavo Petro announced USD $200 million annually for the next two decades to save the Amazon, the world’s largest rainforest. Chancellor Scholz also announced that Germany will double its international climate finance for forests from €1 billion EUR to €2 billion EUR through to 2025.

    The Congo Basin

    The Congo Basin is the second largest rainforest in the world and is crucial for the supply of rainfall to the African continent. Heads of State from the Congo Basin addressed the Summit and emphasised their national ambition, their record of delivery and the need for greater support for the region, including:

    • President Ali Bongo reiterated Gabon’s intent to trade REDD+ credits as a means of increasing the value derived from their forests which cover 88% of the country.
    • President Sassou highlighted that the Republic of Congo has created 45,000 hectares of forest since 1970 and is aiming to create 1 million hectares of forest cover through its national programme of reforestation but needs international support to meet these commitments.
    • Prime Minister Lukonde highlighted the importance of the Democratic Republic of Congo’s’ forests and peatlands to global carbon sequestration efforts.

    At COP26, governments and philanthropy collectively pledged USD $1.5 billion to the Congo Basin over 5 years. At the Summit, they reported (pdf, 889 KB) that they had provided USD $508 million support for forests and people in the Congo Basin. The UK Prime Minister also announced delivery of support for forests through development of a new £90 million programme in the Congo Basin.

    In addition, Chancellor Scholz of Germany announced that the Central African Forest Initiative (CAFI) is seeking to mobilise private finance at scale through funding the design of a series of Forest Performance Bonds in Central Africa with the potential to secure co-investment from the Green Climate Fund (GCF) amongst others. The bond would invest in forest positive businesses across the region.

    Finally, the &Green fund announced that they are committing up to USD $10.6 million in addition to USD $32 million of CAFI funding to invest in sustainable agriculture in the Congo Basin.

    Indigenous Peoples and Local Communities

    At COP26, governments and philanthropies committed USD $1.7 billion through the Indigenous People and Local Communities Forest Tenure Pledge. At the Summit, the Prime Minister of Norway reported that USD $321 million of finance had been disbursed by donors in 2021 before leading a minute’s silence to pay respect to environmental defenders that had sacrificed their lives in order to protect us all. Representatives from the Global Alliance for Territorial Communities – Marleine Nguie and Levi Sucre – called for the importance of indigenous peoples to be reflected by increased action on the ground.

    Restoration in Africa

    At the One Planet Summit in April 2021, financial institutions committed USD $19.6 billion to restore degraded land and forests in Africa, primarily through the Great Green Wall (GGW) initiative. Alongside AFR100, the African Forest Landscape Restoration Initiative, GGW initiative is driving investment to restore over 100 million hectares of degraded in land in Africa by 2030. The conservation, management and restoration of land at this scale has the potential to sequester 3 GtCO2 equivalent.

    At the Summit, President Macron of France chaired a session on restoration in Africa, he announced that USD $2.57 billion of this commitment was spent in 2021, whilst President von der Leyen reported that the European Commission is on track to overdeliver on its promise to spend EUR 700 million to fund the Great Green Wall.

    President Suluhu of Tanzania outlined plans to plant 2 million trees every three years and called for assistance to ensure that Tanzania can benefit from carbon credits, whilst President Macky Sall of Senegal called on countries to help increase in-country capacity to grow trees and implement agroforestry practices.

    President Ruto announced Kenya’s tree growing programme will restore 10.5 million hectares of degraded forest and rangelands. The programme will grow 5 billion trees in the next 5 years and an additional 10 billion trees in the 5 years thereafter, generating 200,000 jobs in the process.

    The President of the African Development Bank (AFDB) Dr Akinwumi Adesina, the appointed champion of the Great Green Wall, outlined plans for a USD $20 billion investment in solar technology that will provide Great Green Wall communities with access to electricity and reduce their access on wood for fuel. He called on leaders to offer their support to the Climate Action Window, the concessional arm of the AFDB with an aim of raising USD $13 billion to restore land, deliver climate resilient technologies and secure access to water.

    Dr Frannie Léautier, CEO of Southbridge Investments, announced the development of a major new partnership, The African Forest Funds, with AFR100 and the Arab Bank for Economic Development in Africa (BADEA). This fund will blend USD $500 million of concessional finance with USD $1.5 billion in private investment to support local restoration efforts across the continent.

    As part of its USD $2 billion commitment to landscape restoration and improving food systems made at COP26, the Bezos Earth Fund announced USD $50 million for locally led restoration aligned with AFR100. This new commitment will help restore parts of the Congo Basin and Great Rift Valley.

    Accelerating Private Finance for Forests

    Progress on COP26 commitments

    The Summit held a session on accelerating private finance for forests. Leaders announced progress on delivering against private finance commitments made at COP26:

    • The Lowering Emissions by Accelerating Forest Finance (LEAF) Coalition announced that it has increased the total amount of finance for the purchase of high-integrity emissions reductions credits to over USD $1.5 billion, of which USD $500 million is new and additional. This represents a 100% increase in financial commitments from the private sector since COP26 with Volkswagen Group and H&M Group the latest to make commitments.
    • Na Kyung-Won, Special Envoy for Climate for the Republic of Korea announced that Korea will join the LEAF Coalition and outlined its critical role in mobilising forest finance globally. In addition, Minister Manrique announced that Ecuador had become the first forest nation to sign a LEAF memorandum of agreement, which sets out next steps and a clear roadmap for the signing of a binding Emissions Reduction Purchase Agreements by April 2023.
    • The Innovative Finance for the Amazon, Cerrado and Chaco (IFACC) commitments have risen from USD $3 billion to USD $4.2 billion, an increase of $1.2 billion, and the initiative now comprises 13 financial institutions and agribusiness companies.
    • The Forest Investor Club, announced at COP26 by the United States Department of State’s Office of Global Change has selected the World Business Council for Sustainable Development to play a leading role in the coordination and engagement of members. It will annually disclose progress being made to catalyse investments in forests and nature.
    • The Natural Capital Investment Alliance has continued to target a mobilisation of USD $10 billion towards natural capital themes, with over USD $1.1 billion committed and a further USD $6.2 billion raising funds to deploy.

    New Commitments of Non-Government Financial Support

    At COP26, USD $7.2 billion of private sector funding was pledged for forest protection and restoration. At the Summit, private sector leaders reported that[1]:

    • FMO, the Dutch entrepreneurial development bank is committing to build a forestry portfolio to at least EUR €500 million with the ambition to increase it to EUR €1 billion by 2030.
    • The establishment of a new collaboration of philanthropic donors, Forests, People, Climate (FPC), was announced. Its aim is to mobilise and deploy significantly increased philanthropic funding in support of the Glasgow Leaders’ Declaration goal. At the Summit, USD $400 million over five years in new philanthropic funding was committed to the FPC with a goal of raising another USD $1.2 billion over the next five years. These new commitments go beyond the USD $380 million over five years that the thirteen donors currently involved in the collaboration already planned to spend toward the FPC goal.

    Systemic Shifts

    To support delivery of the long-term systemic shifts required to ensure that all public and private financial flows are aligned to support delivery of the 2030 goal, central banks and ministers of finance highlighted work being undertaken to further understand the significance of nature-loss as part of their wider work to manage the systemic risk of climate change. Central Bank Governors from Chile, Malaysia and Zambia spoke to how they are taking vital steps to better understand nature-related climate risks, ensuring that the protection and restoration of critical ecosystems are properly accounted for in ensuring financial stability and contributing to economic prosperity. Meanwhile Prime Minister Marin of Finland reflected on the work of the Coalition of Finance Ministers for Climate in this space, and how it is designed to both manage the economic and financial risks of nature loss and to unlock opportunities for investment.

    Mark Carney recalled a Statement on Deforestation Financing from the Co-Chairs and Vice Chair of Glasgow Financial Alliance for Net Zero (GFANZ) which urged members of the alliance with USD $135 trillion in assets under management, to embed tackling deforestation into their transition planning by developing policies to identify and curtail financing of such activities, and to scale forest positive investment.

    Leading financial institutions from Japan to Norway to Brazil are demonstrating that it is possible to do this. Signatories of the Commitment on Eliminating Commodity-driven Deforestation have been moving forward with implementation as the Finance Sector Deforestation Action (FSDA) initiative. FSDA members have published shared investor expectations (pdf, 49.5 KB) for companies, are stepping up engagement activity and working with policymakers and data providers. New members joining FSDA in 2022 include SouthBridge Group whose CEO, Frannie Léautier, announced that they were the first African financial institution to join the initiative alongside Banco Estado de Chile, London CIV and GAM Investments.

    Governments participating in the Forest, Agriculture and Commodity Trade (FACT) Dialogue, represent over 75% of global trade in key commodities that can threaten forests. The FACT Dialogue Progress Report is a renewal of the commitment of these largest producer and consumer countries to working together to achieve shared goals and promote sustainable development and trader, while protecting forests and other critical ecosystems.

    14 of the largest agricultural commodity trading companies managing major global shares on key forest-risk commodities, shared their joint roadmap for increased supply chain action across the palm oil, soy and cattle sectors.

    List of members of the Forest and Climate Leader’s Partnership

    1. Commonwealth of Australia
    2. Canada
    3. Republic of Colombia
    4. Republic of Congo
    5. Republic of Costa Rica
    6. Republic of Ecuador
    7. European Union
    8. Republic of Finland
    9. Republic of Fiji
    10. French Republic
    11. Gabon
    12. Federal Republic of Germany
    13. Republic of Ghana
    14. Republic of Guyana
    15. Republic of Indonesia (is especially considering joining the FCLP[2])
    16. Japan
    17. Republic of Kenya
    18. Republic of Korea
    19. Kingdom of the Netherlands
    20. Federal Republic of Nigeria
    21. Kingdom of Norway
    22. Islamic Republic of Pakistan
    23. Republic of Singapore
    24. Kingdom of Sweden
    25. United Republic of Tanzania
    26. United Kingdom of Great Britain and Northern Ireland
    27. United States of America
    28. Vietnam

    [1] NB other new commitments made at the event layered throughout this summary including &Green, SouthBridge Investments, New Joiners to LEAF.

    [2] Indonesia is especially considering joining the FCLP and to serve on the Steering Committee. This builds upon the strong platform established by separate MoUs and bilateral climate partnerships between Indonesia and the USA, Norway and UK to support Indonesia’s FOLU Net Sink 2030 Operational Plan.