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UK INVESTMENTS IN NUCLEAR WEAPON PRODUCTION AND A NEW GLOBAL BAN TREATY

EDM (Early Day Motion) 707: tabled on 16 November 2015

Tabled in the 2015-16 session.

This motion has been signed by 24 Members. It has not yet had any amendments submitted.

As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.

Motion text

That this House congratulates the International Campaign to Abolish Nuclear Weapons and PAX Netherlands for their report Don't Bank on the Bombs, published in November 2015; recognises the catastrophic humanitarian and environmental consequences that any accidental or intentional detonation of a nuclear weapon would have; notes with concern that several UK-based banks and investment management funds, including Children's Investment Fund Management, Royal Bank of Scotland, Barclays Bank, Old Mutual and Lloyds Banking Group, have since 2012 collectively invested £21.1 billion into companies engaged in the manufacture of British and American nuclear weapons; believes these investors should disinvest forthwith from such unethical investments; further notes that a new international nuclear weapons ban treaty would likely include a prohibition on the financing of nuclear weapon production, maintenance and modernisation; and urges the Government to fulfil its legal obligations as a depositary of the 1968 Non-Proliferation Treaty by endorsing the Humanitarian Pledge already signed by 121 nations to stigmatise, prohibit and eliminate nuclear weapons in light of their catastrophic humanitarian consequences.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

In addition to the sponsors, the following Members have signed to support the motion.

There are no withdrawn signatures for this motion.