House of Commons · Written Ministerial Statement
Climate Ambition Summit 2020
15 December 2020 · Department for Business, Energy and Industrial Strategy
Proposed by Alok Sharma Con Reading West
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- UK will no longer provide new direct financial or promotional support for fossil fuel projects abroad.
- Prime Minister launched a consultation to explore ways to boost UK clean energy exports.
- Ten Point Plan for a Green Industrial Revolution announced, including 12 billion in government investment.
Issue summary
Alok Sharma is summarizing the outcomes of the Climate Ambition Summit held on December 12, 2020.
Action requested
The Prime Minister announced that the UK will no longer provide new direct financial or promotional support for fossil fuel energy sector overseas and launched a consultation to seek views on how to further enable an accelerated growth in UK clean energy exports. The Ten Point Plan for a Green Industrial Revolution was also highlighted, which includes £12 billion of government investment.
Key facts
- The Climate Ambition Summit co-convened by the UK with the UN and France.
- Countries representing around 65% of global carbon dioxide emissions have committed to reaching net zero or carbon neutrality.
- 75 leaders from all continents outlined over 90 commitments at the summit.
- The Prime Minister announced no new direct financial support for fossil fuel energy sector overseas, other than in exceptional circumstances.
- £12 billion government investment to mobilise three times as much private sector investment by 2030 under the Ten Point Plan for a Green Industrial Revolution.
- Over 70% of global economy represented by businesses and cities committed to net zero emissions.