Ahead of COP 30, where host country Brazil\u2019s Presidency has set a strategic goal to transition from \u2018negotiation to implementation\u2019, the Energy Security and Net Zero Parliamentary Committee has launched a call for evidence in a major new inquiry on UK climate policy and finance.<\/p>\n\n\n\n\n\n\n\n
UK Parliament writes:<\/p>\n\n\n\n
Climate change is a global problem that requires a global response. The world is now experiencing the increasingly severe impacts of a rapidly heating climate with intense wildfires, severe droughts, and heavy rainfall leading to destructive floods more frequently and over a wider range. The 2015 Paris Agreement represented a significant moment of international coordination to reduce emissions and to adapt to climate change. But the UN recently announced that global action has failed to limit global heating to the 1.5 degrees agreed there. In 2022, the IPCC warned that \u2018any further delay in concerted global action will miss a brief and rapidly closing window to secure a liveable future\u2019. <\/p>\n\n\n\n
The UK became the first country in the world to make a legally-binding national commitment to cut greenhouse gas emissions in The Climate Change Act 2008. In 2019 the UK was the first major economy to enshrine its commitment to Net Zero by 2050 in law. At COP 29 in Baku last year, the agreed target for climate finance flowing to developing countries was increased from $100 billion to at least $300 billion a year by 2035, with an aspiration for that to hit $1.3 trillion per year over the same period, in recognition of the scale of the challenge. And in 2022, the latest data available, developed countries delivered around $116 billion \u2013 over that target – to developing countries for climate action. <\/p>\n\n\n\n
But the global political consensus on climate change, the financial sector\u2019s commitment to action on climate and climate diplomacy have all been impacted by tensions and transformations in the global order. The UK Government has stated \u2018there is no global stability without climate stability\u2019, that the UK \u2018must play its part by resetting at home and reconnecting abroad\u2019, and has placed an emphasis on re-establishing the UK \u2018as a climate leader on the global stage\u2019. It committed to meet the previous Government\u2019s pledge of providing \u00a311.6 billion in international climate finance between 2021 and 2026 – but beyond March 2026 the approach is unclear. <\/p>\n\n\n\n
Through this inquiry, the Committee intends to investigate how the Government can best demonstrate international leadership on climate policy.\u00a0 This inquiry is currently accepting evidence.\u00a0 The committee wants to hear your views. We welcome submissions from anyone with answers to the questions in the call for evidence. You can submit evidence until Wednesday 7 January 2026.<\/p>\n\n\n\n
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