House of Commons · General Debate
28 June 2023 · 1 other contributor
Opened by Liam Byrne Lab Birmingham Hodge Hill
Summarised by AI from the official record, so it can contain mistakes.
Liam Byrne raised concerns about global climate and development finance in the House of Commons. Other MPs contributed to the debate.
Key points
MPs spoke in turn to share their views and ask questions. Here's what each person said.
Opened the debate
Moves the bill requiring the Secretary of State to publish proposals for increasing UK Special Drawing Rights on-lending via IMF, transferring European Investment Bank capital returns to World Bank, and supporting African Development Bank. Emphasises need for action under Paris Agreement.
Declares interest as chair of Parliamentary Network on the World Bank and IMF, argues Bill is overdue due to increasing global challenges such as extreme poverty, hunger, disease, conflict, debt, and climate change. Proposes three key measures: increase SDR on-lending like Japan, support African Development Bank with SDRs, help build a bigger World Bank by recycling European Investment Bank capital returns.