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Launch of the UK Infrastructure Bank marks important milestone for recovery and net zero

17th June 2021

Reacting to the launch of the UK Infrastructure Bank, Nick Molho, Executive Director at the Aldersgate Group, said: “The creation of the UK Infrastructure Bank is a vital and strongly welcomed intervention at a time where the UK economy needs to recover from the disruption brought about by the pandemic and put itself on track for net zero emissions. The Bank has a key role to play in crowding in much needed private investment towards crucial and complex low carbon projects and industries, which can drive innovation, supply chain growth and job creation across the country. However, with the Committee on Climate Change [1] highlighting yesterday that the UK is poorly prepared to deal with the impacts from climate change, it is essential that the Bank also has climate adaptation and nature restoration as a key part of its mandate. It is also key that the Bank be set up as an enduring institution, with the flexibility to tackle different market failures over time as market conditions evolve and with a gradual increase to its capitalisation to ensure that it has the right financial firepower to carry out its mission effectively and tackle the significant market barriers ahead.”

- ENDS -

[1] Climate Change Committee (2021) Independent Assessment of UK Climate Risk

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Global commitment to a green recovery and progress on carbon trading and climate finance key to successful COP26

14th May 2021

In response to the publication of the UK Government’s COP26 strategy, Nick Molho, Executive Director of the Aldersgate Group, said: “The UK is right to place a strong emphasis on delivering the 1.5 degree goal of the Paris Agreement and send a clear message on phasing out the use of coal globally. This approach is clearly supported by science and countries should aim for more ambition, not less, ahead of this important summit. Plans to push for all new car sales to be zero emissions by 2040 globally and radically increasing international finance to deliver on climate initiatives are also vital.” 
 
Nick Molho added: “However, recent analysis from the International Energy Agency tells us that many parts of the world are pursuing economic stimulus investments that are taking us away from the 1.5 degree goal. To close the gap, it is essential that the UK presidency continues its diplomatic efforts to secure increased climate commitments from the world’s key emitters and a global commitment to pursue and co-operate on delivering a green economic recovery from the COVID-19 crisis.”
 
Nick Molho concluded: “The confirmation that COP26 will be held in person sends a strong signal for international diplomatic negotiations in the months ahead. Particular areas of focus for negotiations must include finalising a rule book for a credible global carbon trading system under Article 6 of the Paris Agreement as well as delivering on today’s commitment to provide climate finance support for developing economies, which are often disproportionately impacted by the growing impacts from climate change. The UK can also strengthen its influence globally by publishing a detailed net zero delivery strategy well ahead of COP26, in a way that provides a clear policy plan for UK businesses and serves as a credible exemplar for other major economies to follow.”

—ENDS—

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Nature restoration and net zero emissions central to national recovery

11th May 2021

Following today’s State Opening of Parliament and Queen’s Speech, the Aldersgate Group calls on Government to embed climate and environmental considerations at the heart of the levelling up agenda.

Nick Molho, Executive Director at the Aldersgate Group said: “The Queen’s Speech clearly set out the importance of delivering a national recovery from the pandemic and spreading economic opportunities across the country. Climate and environmental objectives are central to generating the geographically disperse investment and job creation the UK needs, and they should therefore be embedded at the heart of the Government’s legislative and policy programme.

“The first step must be to urgently bring forward the Environment Bill to progress vital amendments that will strengthen the Bill and allow for robust delivery of environmental targets. These include making interim targets binding and enhancing the linkages between the forthcoming environmental improvement plans and long-term targets. It is also crucial that the changes to procurement and planning policy announced today are consistent with and actively support the UK’s climate and environmental goals.”

Nick Molho added: “Alongside its legislative programme, it is critical that the Government further develops credible policy programmes to deliver on its net zero ambition in this parliamentary session. The highly-anticipated net zero strategy and Treasury’s net zero review must, together, provide a clear policy and funding plan to achieve net zero emissions and maximise opportunities for the economy in so doing.”
 
Nick Molho concluded: “Plans to spark a skills ‘revolution’ unveiled in the speech must prioritise delivery of a low carbon workforce that can drive the net zero transition. Government should carefully consider the upcoming recommendations from the Green Jobs Taskforce to prevent the supply chain issues that hindered the rollout of the Green Homes Grant.”  

—ENDS—

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Next parliamentary session vital to advance climate and environmental objectives

10th May 2021

Ahead of State Opening of Parliament and the Queen’s Speech on Tuesday 11 May, the Aldersgate Group calls on Government to place the Environment Bill at the top of its legislative programme. Nick Molho, Executive Director at the Aldersgate Group said: “The Environment Bill must return to Parliament at pace to ensure that the UK establishes an ambitious environmental governance regime which will help reverse the decline of the natural environment. The Bill itself should also be strengthened through the introduction of binding interim targets that ensure continuous action to improve nature, the inclusion of an overarching target which helps guide long-term targets, and guarantees to safeguard the Office for Environmental Protection’s independence.”
 
Nick Molho added: “Climate and environmental objectives should also be embedded in the Government’s levelling up agenda to ensure that areas such as planning and public procurement contribute towards the UK’s ambitious targets. Incorporating these issues as a core part of the Government’s legislative agenda will help boost economic opportunities across the country and create jobs.”
 
Nick Molho concluded: “A clear funding strategy from Treasury and a policy programme focused on delivering the UK’s net zero target must also be priorities in the forthcoming parliamentary session. The highly anticipated net zero strategy needs to set out a detailed cross-sector plan across all government departments of what measures will be required in the near future. It must provide a sector-by-sector analysis and ensure that the Government’s economic and industrial policy, as well as its infrastructure spending decisions, are all fully aligned with this target.”

—ENDS—

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Investment-led recovery must be supported by a comprehensive net zero vision

3rd March 2021

Reacting to the Chancellor of the Exchequer's Spring Budget today, Nick Molho, Executive Director of the Aldersgate Group, said: "It is welcome to see the Budget acknowledge the importance of an investment-led recovery, which will be essential to supporting the UK’s economic growth and the development and deployment of low carbon technologies and services [1]. Whilst today’s announcements set a useful framework towards economic recovery, there are a number of significant missed opportunities within key areas such as housing and transport that must be picked up in the Government’s upcoming net zero strategy, which needs to provide a cross-economy roadmap to reach our net zero target by 2050. [2]” 

Nick Molho added: "The establishment of the first UK Infrastructure Bank in Leeds is a crucial step in this journey, with an initial capitalisation of £12bn and £10 billion of guarantees. We would urge Government to include environmental objectives in the Bank’s remit in order to increase the UK’s resilience in the long-term. [3] Further information on the UK’s first sovereign green bond is also welcomed, but it will be essential that the funding is aligned with our net zero objectives in order to support a sustainable economic recovery. The recognition of net zero and sustainability in the updated remit of the Monetary Policy Committee of the Bank of England is also a helpful signal to support the transition to a low emissions economy.”

Nick Molho added: “However, the Budget falls short of providing certainty for the housing sector by not explicitly setting out further funding for the Green Homes Grant. This is a concerning omission and one that must be rectified at the earliest opportunity with additional policy measures that address supply chain and skills issues. This clarity and support will be vital in decarbonising the housing sector, alongside regulatory standards and fiscal incentives to support investment in energy efficiency and low carbon heat.”

 
- ENDS -

[1] CCC (2017) UK business opportunities of moving to a low carbon economy
[2] Aldersgate Group (2020) Building a net zero emissions economy https://www.aldersgategroup.org.uk/asset/1697
[3] Zenghelis, D. and Rydge, J. (2020) Rebuilding to Last: designing an inclusive and resilient growth strategy after COVID-19, Commissioned by Aldersgate Group https://www.aldersgategroup.org.uk/asset/1684

 

 

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We're recruiting! Senior Policy Officer, 1 year contract

18th December 2020

The Group is looking to hire a highly motivated Senior Policy Officer (one year fixed term contract). The successful candidate will join a small Secretariat of seven in to provide policy for Aldersgate Group members, the Board and the rest of the Secretariat on the industrial decarbonisation programme.

Main duties and responsibilities:

  • Undertaking research that supports the Group’s strategic objectives to tackle industrial emissions whilst safeguarding the sustainable growth and competitiveness of the sector; 
  • Managing a major piece of external analysis to be published by Summer 2021;
  • Building an informal ‘coalition of the willing’ ahead of COP26, comprising of members, relevant networks and leading businesses and NGOs, that can support and amplify the Group’s policy asks on industrial decarbonisation to Government;
  • Maintaining an excellent understanding of current industrial / low carbon policy issues to inform other areas of the Group’s policy work;
  • Developing policy reports and briefings, policy updates for Aldersgate Group members and timely blogs for the website;
  • Putting together responses to relevant parliamentary inquiries and government consultations;
  • Supporting preparation for policy meetings and events attended by the Head of Policy or Executive Director through the production of briefings and meeting notes;
  • Representing the Aldersgate Group at external policy meetings or events where relevant;
  • Liaising with the Senior Communications Officer to ensure effective internal and external engagement with the Group’s policy work.

The closing date for the receipt of applications is 9am on Monday 18th January. Applications received after this time will not be considered. Unfortunately, we are unable to provide individual feedback on applications. Successful applicants will be invited to interview on w/c 25 January. See the full job description for more details.


Greater due diligence in supply chains welcome

11th November 2020

Reacting to the Government’s announcement on requiring greater due diligence from businesses to protect rainforests, Signe Norberg, Public Affairs Manager at the Aldersgate Group, said: “We welcome Lord Goldsmith’s announcement today on tackling illegal deforestation and introducing an amendment to the Environment Bill which will enhance due diligence requirements for UK businesses. Enhancing resilience, traceability and sustainability across business supply chains is essential to protect the world’s rainforests and this announcement is an important legislative step in that direction.”

Signe Norberg added: “Today’s measures can help pave the way for further protections for other vital ecological assets. Given the scale of global demand for commodities coming from rainforests, the UK must now encourage other major economies to introduce similar legal requirements and work with nations hosting vital rainforests to strengthen domestic forest protection laws.”

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UK must use its domestic and trade policy to lead by example on climate change

24th September 2020

Reacting to the Prime Minister’s remarks later today at a United Nations Climate Action Roundtable, Nick Molho, Executive Director of the Aldersgate Group said: “It is positive to see the Prime Minister use this platform to call for rapid and transformational commitments on nationally determined contributions and climate finance, progress against of which will be vital to the success of COP26 in Glasgow.

But to be impactful on the global stage, the UK must demonstrate in the coming months that it is making genuine progress against its own net zero target by introducing further policies in areas such as carbon pricing, building decarbonisation and the rapid phase out of petrol and diesel vehicle sales [1]. Negotiating trade agreements that are consistent with and supportive of the UK’s climate and environmental goals will also be essential to the UK’s credibility on global climate policy [2].”

—ENDS—

[1] The Aldersgate Group will publish a new report on 5th October, Building a Net Zero Emissions Economy: next steps for government and business, which will set out detailed policy recommendations for all key economic sectors in this parliamentary term to put the UK on a credible pathway for its net zero emissions target.

[2] The Aldersgate Group published a policy briefing on 24 June, making the case for aligning the UK’s trade policy with its climate and environmental goals and setting out key measures to be taken in the Trade Bill and future trade agreements. The briefing is available at: https://www.aldersgategroup.org.uk/latest#uk-trade-policy-must-be-aligned-with-environmental-and-climate-goals

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Clean growth key to deliver new viable jobs

24th September 2020

Reacting to the Chancellor of the Exchequer’s economic update, Signe Norberg, Public Affairs Manager at Aldersgate Group, said: “We welcome the new measures announced today by the Chancellor to safeguard jobs and businesses over the winter months. To deliver the “new opportunities” and “viable jobs” the Chancellor wants to see created across the economy, the Government must align its upcoming stimulus measures and policy interventions to support growing investment in low carbon solutions and infrastructure. Areas such as renewable energy, electric vehicle charging infrastructure, industrial decarbonisation and nature restoration deliver high economic growth multipliers in the short and long term. [1] This can help put UK businesses in a competitive position in the growing global market for low carbon goods, which is expected to be worth more than £1 trillion a year by 2030. [2]”
 
Signe Norberg added: “It is also vital that the Government looks to introduce further support and training to equip the current and future workforce with the skills that are required for this transition. As set out in our forthcoming report on skills [3], a national ‘low carbon skills and levelling up strategy’ is urgently needed. Sustainability urgently needs to be embedded across the educational curriculum, alongside reforms to apprenticeship standards and T-levels. Together, this will support the Government’s vision for “building back better” and ensure the UK can capitalise on the markets of the future.”

—ENDS—

[1] Dimitri Zenghelis and James Rydge (2020) Rebuilding to Last: How to Design an inclusive, resilient and sustainable growth strategy after COVID-19. This report was commissioned by the Aldersgate Group and is available here
 
[2] CCC (2017) UK business opportunities of moving to a low carbon economy
 
[3] The Aldersgate Group will be releasing a briefing on skills in mid-October, which will set out what a credible UK wide skills strategy should look like and where businesses and educational institutions most need support from the policy and regulatory framework.

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UK Citizens And Businesses Both Ready To Crack On With Achieving Net Zero Emissions

10th September 2020

Reacting to the launch of Climate Assembly UK’s report, Nick Molho, Executive Director of the Aldersgate Group, said: “Today’s report, which follows growing business calls for an environmentally sustainable recovery [1], shows that there is extensive public support for cracking on with efforts to achieve net zero emissions and for aligning the UK’s economic recovery strategy with its net zero target. Despite the hardship brought about by the COVID-19 crisis, the Government benefits from a unique context whereby both the public and the business community desire clear leadership and policy interventions to put the UK on a credible pathway to net zero emissions.”
 
Nick Molho added: “The Government should in particular take note of the specific recommendations made by members of the Climate Assembly with respect to road transport, buildings, power and product standards, which are all areas where the UK needs to achieve substantial emission cuts in the near future. Through a combination of clear regulations (such as energy and resource efficiency standards), greater devolution of political and financial autonomy to local bodies, and support measures for the most vulnerable in society, government action could play a significant role in putting the UK on a credible path towards a just and timely transition to net zero emissions.”  
 
The Aldersgate Group will shortly publish a report, that sets out businesses’ key policy priorities for this parliamentary term to put the UK on track for net zero emissions [2].

—ENDS—

[1] On 1 June 2020, around 200 business leaders – including several Aldersgate Group business members - wrote to Prime Minister Boris Johnson and called for an economic recovery plan aligned with the UK’s net zero target and other environmental goals. More information is available here
 
[2] The Aldersgate Group will launch a new report on 5th October, Building a net zero emissions economy: Next steps for government and business, looking at key policy interventions required in key economic sectors during this parliamentary term to put the UK economy on track for net zero emissions by 2050.

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Treasury takes important first steps toward a resilient recovery, must be followed up by policy commitments in Budget

8th July 2020

Reacting to the Chancellor of the Exchequer’s Summer Economic Update today, Signe Norberg, Public Affairs Manager of the Aldersgate Group, said: “The Government faces a significant challenge to the get the economy and employment going again, and in the words of the Chancellor, the UK must have “a green recovery with concern for the environment at its heart”. The UK has a huge opportunity to put the economy on track for a resilient and long-term recovery by aligning it with the UK’s climate and environmental goals [1]. The £3bn investment package focused on energy efficiency spending in 2020/2021 can support rapid and regionally spread out job creation, as well as deliver important social and environmental benefits by having better homes and driving cost-effective emission cuts. These benefits could be significantly amplified if similar support continues to be provided in the years ahead.”
 
Signe Norberg added: “Building on today’s positive first steps, long-term policy commitments now need to be made by the time of the Spending Review and the Autumn Budget in order to genuinely deliver long-term and transformative change. This needs to include fiscal incentives, clear regulatory standards to mandate high levels of energy efficiency performance in buildings, a phase out of petrol and diesel vehicle sales around 2030, a UK Emissions Trading Scheme with a carbon price in line with the UK’s net zero target and product standards to drive down the embedded carbon in industrial goods. [2]”

—ENDS—

[1] On 12 June 2020, the Aldersgate Group published a policy briefing, Seize the Moment, setting out a wide range of nature restoration and low carbon projects which could deliver rapid job creation across multiple regions of the UK whilst also improving the resilience of the economy and putting the UK on track for its climate and environmental goals. The report is available here.
 
[2] The Aldersgate Group will be releasing on 15 July economic analysis commissioned from the Grantham Research Institute at the London School of Economics. The report will highlight the key lessons learnt from recoveries from past financial crises, set out what a successful recovery plan should look like and examine what should be the role of environmental and climate issues within that.

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Chancellor’s energy efficiency stimulus is a good start but must form part of broader low carbon package

7th July 2020

Reacting to the £3bn energy efficiency stimulus package expected to be unveiled on Wednesday by the Chancellor of the Exchequer, Nick Molho, Executive Director of the Aldersgate Group, said: “It is positive that the Chancellor wants to align the recovery effort with the UK’s climate, environmental and clean growth objectives. The £3bn package to support energy efficiency investments in 2020/2021 is a good start and could deliver meaningful emission cuts, better buildings and net job creation if similar support is provided in the years ahead, in line with Conservative Party’s manifesto commitments. The £1bn focused on improving energy efficiency in public buildings, such as education institutions and hospitals, is a welcome move as it is high time for the public sector to lead by example. 

But kickstarting the economy and putting the UK on a credible pathway for its net zero target also require targeted public spending in areas such as electric vehicle charging infrastructure, energy networks, broadband and nature restoration projects, so it is important that this week’s announcements be followed by further stimulus measures ahead of the Autumn Budget. [1]” 

Nick Molho added: “Beyond public investment to support shovel ready projects and low carbon innovation trials, it is critical that the government puts forward a comprehensive policy plan in the autumn to drive private sector investment towards the low carbon and environmentally resilient infrastructure needed to put the UK on track for its net zero and nature restoration targets. Clear regulatory standards and fiscal incentives in areas such as energy efficiency, clean transport and industrial decarbonisation will be vital if the private sector is to do a lot of the heavy lifting to build a competitive, jobs rich, low carbon economy. [2]”
 
—ENDS—

[1] On 12 June 2020, the Aldersgate Group published a policy briefing, Seize the Moment, setting out a wide range of nature restoration and low carbon projects which could deliver rapid job creation across multiple regions of the UK whilst also improving the resilience of the economy and putting the UK on track for its climate and environmental goals. The report is available here.

[2] The Aldersgate Group will soon be releasing a commissioned report, authored by economists at the London School of Economics, on what a successful recovery plan should look like and the role of environmental and climate considerations within that. It will set out criteria for public investment and how to encourage private sector investment in areas of public interest, such as the natural environment.

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Prime Minister's speech is an important first step in recovering from COVID-19

30th June 2020

Following the Prime Minister’s economic recovery speech, Nick Molho, Executive Director of the Aldersgate Group, said: “The Prime Minister’s speech today is an important first step. It demonstrates his vision to build back better and tackle some of the UK’s unresolved challenges as the country recovers from the COVID-19 pandemic. Welcome announcements include investments of £900m for a range of ‘shovel ready’ local growth projects in England over the course of this year and next, as well as the Prime Minister’s commitment to reforest Britain by planting over 75,000 acres of trees every year by 2025."
 
Nick Molho added: “The Prime Minister’s speech rightly identifies the importance of ‘building back greener’ but this has to be rapidly backed up by support for shovel ready projects and policy decisions that are aligned with the UK’s climate, environmental and clean growth goals. This means focusing public investment and policy measures in areas such as nature restoration, energy efficiency, clean transport, industrial decarbonisation, and skills [1]. Such an approach is not just needed to meet the UK’s environmental ambitions, but it is also essential to ensure that the UK’s recovery plan can address key public interest concerns around unemployment, regional inequality and resilience.”

—ENDS—

[1] The Aldersgate Group will soon be releasing a commissioned report, authored by economists at the London School of Economics on what a successful recovery plan should look like and the role of environmental and climate considerations within that.

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It is now or never for the UK’s climate targets and clean growth

25th June 2020

Reacting to the Committee on Climate Change’s Progress Report out today, Nick Molho, Executive Director of the Aldersgate Group, said: “It’s crystal clear from today’s report that actions taken this year and during this parliamentary term will have a decisive impact on whether the UK can meet its net zero target, build a competitive low carbon economy and successfully recover from the COVID-19 crisis [1]. Businesses need this to be a priority for the whole of government, with the Prime Minister leading a two-pronged approach to this challenge.

First, new regulations and fiscal incentives must urgently be introduced to accelerate emission cuts in areas where solutions are well known, such as in buildings and surface transport. Second, the Government must adopt a ‘learning by doing’ approach and put in place a truly ambitious innovation policy that accelerates the development of critical technologies to drive down emissions in more complex sectors like heavy industry.”

Nick Molho added: “The CCC hits the nail on the head today by highlighting the central importance of restoring the natural environment to help the UK adapt to climate change and deliver much needed negative emissions to get to net zero. It is absolutely vital that the work being done to drive more investment in the natural environment as part of the Agriculture and Environment Bills is accelerated and made fully consistent with delivering the UK’s climate targets.”  

—ENDS—

[1] On 12 June 2020, the Aldersgate Group launched a policy briefing, Seize the moment: building a thriving, inclusive and resilient economy in the aftermath of COVID-19, setting out a wide range of environmental and low carbon projects that could support a successful economic recovery from the COVID-19 crisis whilst also delivering the UK’s climate and environmental goals

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More than 200 business leaders urge the Prime Minister to put low carbon growth at heart of recovery

29th May 2020

More than 200 leading UK businesses, investors and business networks, including several Aldersgate Group members [1], are writing to the Prime Minister today, urging for an ambitious environmental and low carbon agenda to be put at the heart of the upcoming economic recovery. In the letter, coordinated by several of the UK’s business groups [2], business leaders argue that such an approach is essential to tackle key public interest concerns, such as high unemployment, regional inequality and lack of resilience.

Following the coverage of the letter to the Prime Minister in the Financial Times and BBC news ahead of the publication of two major reports on the UK’s economic recovery, Nick Molho, Executive Director of the Aldersgate Group, said: “Today’s letter to the Prime Minister from business leaders across the UK economy shows that the economic, social and environmental agendas are fully aligned.  From clean industrial clusters and energy efficiency to tree planning and renewable energy, low carbon growth and natural capital investments can play a key role in recovering from COVID-19 pandemic. These measures will help tackle unemployment and bring investment to parts of the UK in urgent need of economic opportunities. Placing climate and the environment at the heart of the recovery will also ensure that the UK economy is built on foundations that will make it competitive in the long-term and more resilient to future risks.”

The Aldersgate Group will soon be publishing a policy briefing setting out examples of projects and investments that will help rebuild the economy better, followed by an in-depth economic analysis on how to best design the UK’s upcoming recovery.

—ENDS—

[1] The following Aldersgate Group members have signed the letter: UKGBC, Aviva Investors, BT plc, Buro Happold, CEMEX EMEAA, IKEA UK and Ireland, IEMA, Interface, Johnson Matthey, Kingfisher plc, Legal & General Investment, Lloyds Banking Group, Melius Homes, Michelin Tyre PLC,  National Grid, Ramboll UK Limited, ScottishPower, Siemens GB&I, Sky Group, SUEZ UK, Tesco, Thames Water, Triodos Bank UK, Willmott Dixon, WSP.

[2] The letter published by the Prince of Wales Corporate Leaders Group today was supported by multiple business groups including the Climate Group, the Aldersgate Group, CDP, the B Team, Institutional Investors Group on Climate Change, the Climate Group, Business in the Community, the UK Green Building Council, and more.


COP26 delay must be used to maximise summit success

28th May 2020

Reacting to the announcement made by the UNFCCC and the UK Government today regarding the new date for the COP26 climate summit, Nick Molho, Executive Director of the Aldersgate Group said: “With the UK presiding over two high stakes summits in 2021 (G7 and COP26), Boris Johnson’s government is entering a crucial period where it will have a major role to play on the global stage. The Prime Minister must ensure his Government uses the full year’s delay to COP26 to maximum effect so that the summit is a genuine success. Alongside targeted diplomatic engagement to deliver progress on some of the most thorny negotiation issues, the UK can maximise its impact at the summit by putting low-carbon growth at the heart of its economic recovery plan and by publishing a credible strategy to put the country on track for its net zero target. By delivering bold climate ambition at home and abroad, Boris Johnson’s government can raise the UK’s diplomatic profile and provide a vital platform for UK businesses to be amongst the most competitive providers of carbon goods and services.” 
 
Nick Molho added: “The UK's domestic agenda should include an economic recovery plan with a strong focus on low-carbon growth and a clear strategy to put the UK on a credible track to achieve its 2050 net zero emissions target. Leading by example will not only help the UK maximise its influence at COP26, but it will also allow its businesses to develop and strengthen their competitive advantages in the growing global market for low carbon goods and services.” 

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EU Recovery Plan: Aldersgate Group reactive

27th May 2020

Responding to today’s announcement on the European Union’s recovery plan, Nick Molho, Executive Director of the Aldersgate Group, said: “The Aldersgate Group welcomes the European Commission’s economic recovery proposals, which total €1,290 billion of targeted support. The proposals include aligning the EU’s economic recovery with its goal of building a competitive, digital and climate neutral economy by 2050, and introduce the 'Next Generation EU' instrument to boost the EU budget in the short-term to protect livelihoods and foster sustainable and resilient growth.”
 
Nick Molho added: “An economic recovery plan with an ambitious climate and environmental agenda at its heart is a big part of the solution to European public interest concerns around unemployment, regional inequality, long-term competitiveness and resilience. Today’s announcement has the potential of driving investment and support growth in European supply chains in areas such as renewable energy, electric vehicles, low carbon industry and environmental improvements. This can deliver much needed economic activity and job creation in Europe whilst improving the resilience of the EU’s economy and society.”
 
Nick Molho concluded: “It is critical that these measures are now rapidly put in place and backed up by similar strategies at the member state level, such as through targeted public spending, policy measures and business support packages that are compatible with the Commission's target to reach climate neutrality within three decades and reverse the decline of of the EU’s natural environment and biodiversity.”

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Petersberg Climate Dialogue: Aldersgate Group reactive

29th April 2020

Reacting to the outcome of the 11th Petersberg Climate Dialogue held virtually by Germany and the UK, Nick Molho, Executive Director of the Aldersgate Group, said: “We welcome the result of this two-day conference, which gave an important signal on the importance of climate action during the COVID-19 crisis and beyond. It was good to see countries around the world reasserting their climate ambition, the critical role of climate finance, and the importance of medium-term 2030 targets. Indeed, COVID-19 has not altered the fundamental assessment of climate change and of its impacts. As the host of both COP26 and the G7 summit in 2021, the UK now has a central role in galvanising concrete and joint global action on COVID-19 economic recovery and climate change.”
 
Nick Molho added: “The UK government deserves credit for its positive contribution to the dialogue, both from Foreign Secretary Dominic Raab and COP26 President Alok Sharma. We particularly welcome the UK government’s recognition that a successful and responsible recovery is one that stands the test of time by ‘turning the tide on climate change’ and making the UK economy far more resilient to future environmental shocks. With existing and potential low-carbon industries located around the country, accelerating investment in low-carbon infrastructure and natural capital will help the UK rebuild its economy better by addressing immediate public interest concerns around unemployment and regional inequality as well as longer-term concerns around resilience to future crises.”

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Postponement of COP26: Aldersgate Group reactive

1st April 2020

Reacting to the announcement made by the UNFCCC and the UK Government today regarding the postponement of the COP26 climate summit, Nick Molho, Executive Director of the Aldersgate Group said: “Given the significant disruption created by the coronavirus pandemic in the UK and globally, today’s decision to postpone the COP26 summit is an understandable and sensible one. A delay is necessary to allow countries around the world to get on top of the ongoing COVID-19 crisis, to consider how low carbon policies can help contribute to the recovery effort and to provide sufficient time for climate negotiations and ongoing initiatives to progress properly ahead of this crucial summit."
 
Nick Molho added:
 "Whilst a delay is important to ensure COP26 is a success, it would be sensible to hold the summit by the summer of 2021. This would help focus minds and maintain the momentum that we have been seeing until recently, with an increasing number of businesses and countries taking on net zero ambitions and engaging on the climate agenda in an unprecedented way.”

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Budget 2020: A greener budget than its predecessors but more coherent approach needed

11th March 2020

Reacting to the Budget statement presented to Parliament by the Chancellor Rishi Sunak, Nick Molho, Executive Director of the Aldersgate Group said: “Today’s budget announcement devoted more time to the environment and climate change than many of its predecessors. It contained some welcome announcements on nature, urban transport, the move towards electric vehicles and a much-needed scaling up of innovation support for industrial decarbonisation and carbon capture storage. The multi-year funding support for eight mayoral combined authorities and investment in the Cities Transformation Fund are particularly welcome as local bodies are best placed to deliver improvements in public transport that will help reduce car journeys.[1]”
 
Nick Molho added: “Many gaps still remain to put the UK on track for net zero emissions, such as improving the energy efficiency of the building stock, developing an integrated low carbon transport strategy in line with the lessons from the recent Heathrow ruling, and creating a national low carbon skills strategy to support the workforce. To close these gaps, ensure policy coherence and put the UK credibly on track for its target, the government should build on today’s announcements and publish a net zero delivery plan well ahead of COP26."
 
Nick Molho concluded: “The Chancellor’s announcement on nature restoration is welcome but should be complemented by strengthening the target setting process in the Environment Bill, which has a key role to play in delivering meaningful and long-term environmental improvements, improving the UK’s resilience to climate change and providing cost-effective negative emissions.”

—ENDS—
 
[1] The Aldersgate Group published a comprehensive report, Shifting Emissions into Reverse Gear, on how to cut road transport emissions in March 2019: https://www.aldersgategroup.org.uk/latest/page:2#system-wide-approach-key-to-cut-transport-emissions

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