Ashden welcomes the key argument of a new review of UK climate policy, shared today – that delaying action on the climate will harm the UK economy.
MP Chris Skidmore was commissioned to review the government’s plans and actions to reach net zero emissions. His report, to be formally published on Monday, has already been widely shared.
Ashden CEO Harriet Lamb said: “This welcome report underlines how climate action makes business sense. It can create a wealth of new jobs and opportunities, particularly if support such as grants and training is targeted at the most disadvantaged communities.
“Some of the UK’s most innovative companies are already seizing their chance: from Q-Bot, using underfloor robots to insulate draughty homes, to Renewable Parts – a trailblazer cutting waste in the wind turbine industry. Even industries most of us don’t associate with carbon and climate can go green – as shown by Vectar Sets, who have created cardboard sets used by the BBC and Channel 4, and in adverts for global brands.
“But you don’t have to be a trailblazer to benefit from strong climate policies. For example, the need to make the nation’s homes, schools and other buildings more energy efficient could be a business bonanza for the construction industry. Retrofitting just 20% of Greater Manchester’s 1.2m homes would create £3 to £5.4bn of economic activity.
“But, as this welcome report underlines, long-term consistent, ambitious policies are key. It’s time for the government to invest in skills and support for a green economy.”