15th October 2009

Capital must flow into the low carbon sector at unprecedented scale and speed if legally binding carbon budgets are to be met in the UK. This reception launched a new report by the Aldersgate Group, "Financing the Transition", which presents key findings from high level roundtables with representatives from the City. Rt Hon Ed Miliband, Secretary of State for Energy and Climate Change joined leading representatives of the financial community to discuss the instruments needed to reduce investor risk and ensure a flow of funding.