Alongside keynote speakers BIS Minister Mark Prisk and Shadow Minister Luciana Berger MP, Andrew Raingold set out funding priorities and environmental objectives for the Green Investment Bank at the Westminster Forum.
Two new Directors have joined the Board of the Aldersgate Group, to reflect the Group's expanding size and breadth in membership. Rob Lambe, Managing Director of Re-Thinking Local Carbon at Willmott Dixon and Steve Wallace, Head of Environment at National Grid were both confirmed at the Group's AGM in June.
Meanwhile Terry A'Hearn, Global Director at WSP Environment & Energy has agreed to lead the Group's "Best Value Regulation" workstream. Terry spoke at the launch of the Aldersgate Group's most recent report, "Dealing with Deficits".
The AG welcomes the aspirations of the Government's Natural Environment White Paper, the first for over 20 years, which seeks to value the economic and social benefits of a healthy natural environment properly while continuing to respect nature's intrinsic value.
The white paper will inform a new initiative by the AG on the economic benefit that will arise from effective policies to protect biodiversity and promote the more efficient use of natural capital. This will be led by AG Director Ian Dickie.
In a letter authored by Peter Young, Chairman of the Aldersgate Group, an alliance of the UK's largest businesses and environmental groups has welcomed the Government's commitment to a legally binding target to reduce carbon emissions. They state that strong and clear action on climate change is essential for long-term economic growth, jobs and competitive advantage.
Andrew Raingold, Executive Director of the Aldersgate Group helped to launch Carbon Smart's latest report on sustainability assurance in 2010. To see the edited highlights of this event, click here.
Defra has launched (11th May 2011) a consultation on measuring and reporting GHG emissions by UK companies, setting out a range of options for mandatory carbon reporting (click here for the consultation document). The Aldersgate Group believes that the Government must introduce regulations for all large businesses to report their carbon emissions.
The Aldersgate Group (AG) has called on the Government to accept the recommendations from the Committee on Climate Change, on the Fourth Carbon Budget. The AG believes that robust and clear action on climate change, based on the science, is essential for long-term economic growth, jobs and competitive advantage.
The UK Green Building Council (UKGBC) and British Property Foundation (BPF) have written to key government ministers calling for Display Energy Certificates (DECs) to be mandatory for private sector buildings. The letter is supported by a wide range of representatives from business and civil society, including Peter Young, Chairman of the Aldersgate Group. To read more about the campaign, visit the UKGBC website here.
The AG has responded to the consultation from the Office for National Statistics (ONS) on measuring national wellbeing.
The AG response argues that measurement affects the decisions we make, so if the wrong things are measured the wrong decisions are likely to result. The Group welcomes the goal of moving "beyond GDP" and argues that the movement to understand the value of natural system services to our socio-economic activities is a powerful concept that should be a driver for higher environmental standards, leading to increased economic performance and wellbeing.
Budget 2011 set out a plan for growth, but did not include a comprehensive green growth strategy to drive a dynamic economic recovery. The Aldersgate Group believes that a Green Investment Bank that can borrow from the start should be at the heart of the growth plan to ensure that the UK is a more balanced economy, that 'makes things' instead of just importing them.
The Aldersgate Group today urged the Chancellor to set out a comprehensive green growth strategy in next month's Budget. This would help reduce the budget deficit and drive a dynamic economic recovery by increasing output and creating jobs.
The Aldersgate Group today lent its support, along with that of many of its members, to a letter to David Cameron published in the Guardian. The letter, signed by a large number of companies, organisations and NGOs, called for the Green Investment Bank to be a bank and not just a fund, with a funding of at least £4bn.
Andrew Raingold, Executive Director of the Aldersgate Group, joined a debate on 19th Jan, organised by the Fabian Society, "The New Politics of Climate Change - where are we?" With the Coalition's pledge to be the ‘greenest government ever' tempered by increased budgetary limitations for both state and individual, the seminar sought to look at the priorities and obstacles for the Government in this agenda.
The AG partnered with Forum for the Future and UKSIF to convene a round table with senior-level representatives from investment institutions and large (mainly FTSE 100) businesses to debate the BIS consultation "A long-term focus for corporate Britain."
Click on the pdf to read a short summary of the main points discussed.