Withdrawal from the Energy Charter Treaty (No. 2)

That this House welcomes the UK’s withdrawal from the Energy Charter Treaty; regrets that the UK has lagged behind nine EU member states including France, Germany, Spain and Italy in withdrawing; recognises the need for a new global framework to incentivise global investment in the renewable energy sector to meet global targets to reduce emissions and reach net zero; and calls on the Government to back a new framework replacement Renewables Treaty to drive innovation, cooperation and the greater adoption of renewable energy.