ISF to consider global economic policies to address climate change
Labour has convened an International Social Forum, bringing together politicians, economists and social movement leaders from across the world. It will launch a new dialogue on the reform of the international institutional architecture needed to tackle the global challenges of the twenty first century.
Its first meeting on Sunday began the construction of a programme to reform our global economic policymaking architecture in order to address climate change.
“Currently, only greenhouse gases generated by goods and services produced within the country are measured”
Lamiat Sabin, journalist and parliamentary reporter, informs us that Jeremy Corbyn intends to disclose for the first time the “true impact” on the climate of Britain’s emissions:
Though these levels have reduced, Ms Sabin points out that statisticians are not adding on the emissions generated from imported goods — which the Labour leader says have “barely changed” in 20 years.
Jeremy Corbyn: Britain is effectively “offshoring” its emissions to the rest of the world:
“It’s time we were honest about our contribution to the climate crisis. It is even greater than we think. So under Labour, Britain will become the first major economy in the world to measure these consumption emissions and take action to reduce them.”
Labour is seeking to amend the Climate Change Act
An instruction to the Committee on Climate Change should include an assessment of Britain’s “total footprint emissions” in its annual report to Parliament, with recommendations to reduce them.
“Offshoring our emissions isn’t just bad for the climate, it’s bad for British industry”
Mr Corbyn explained that when we measure the emissions from goods produced in Britain but not those produced overseas, it puts industry here, especially energy-intensive industries like steel, at a disadvantage.
He vowed to invest billions of pounds in his party’s plan for a green industrial revolution, which Labour hopes will help close the north-south divide by basing a vast majority of up to 400,000 new jobs in the north of England.
Mr Corbyn sees the urgent need to tackle global emissions, instead of merely ‘passing the buck’ to countries with the highest greenhouse gas emissions who produce our goods and services, adding:
“We will send financial and technical support to the developing world, helping them to adopt greener methods of production and reducing the carbon content of the goods we import.”
Note: The National Policy Forum is a body of representatives from all the major groups in the Labour Party. Its role is to shape the Labour Party’s policy agenda. NPF Representatives read and discuss submissions received via the Labour Policy Forum website, and discuss them in the relevant Policy Commissions. Go to this site to offer your policy proposals to your regional representative.