VoteClimate: Multilateral Development Banks - 11th February 2020

Multilateral Development Banks - 11th February 2020

Here are the climate-related sections of speeches by MPs during the Commons debate Multilateral Development Banks.

Full text: https://hansard.parliament.uk/Commons/2020-02-11/debates/20021153000011/MultilateralDevelopmentBanks

The Secretary of State for International Development (Alok Sharma)

an additional 10 gigawatts of renewable energy generation capacity.

Following successful engagement from the UK and others, IDA19 includes significant commitments from the World Bank to further enhance IDA’s impact. These include: enhancing its support for fragile and conflict-affected countries; increasing to 30% the proportion of support to tackling climate change; more focus on jobs and skills; and increasing attention on inclusion with a new focus on supporting people with disabilities and an enhanced focus on gender equality.

up to an additional 170 megawatts of renewable energy capacity;

Through the negotiations the UK and others secured a range of reform and policy commitments from the AfDB, including: a $25 billion investment in climate finance between 2020 and 2025; improved operations in fragile states by recruiting and deploying more expert staff to fragile environments; and new strategies on staffing, climate change and energy, governance, gender and the private sector.

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