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We're recruiting! Senior Policy Officer

8th July 2020

The Group is looking to hire a highly motivated Senior Policy Officer. This is an important time to be joining the Group, with significant policy development opportunities ahead in devising a new policy package to deliver an economic recovery aligned with the net zero emissions target, supporting the government in the run up to COP26, implementing the Resources and Waste and Green Finance Strategies, influencing the Environment Bill during its passage through Parliament and shaping the EU Green Deal.

The closing date for the receipt of applications is 9.00am on Monday 27 July 2020. Applications received after this time will not be considered. Please email your CV (max two sides) and covering letter (max one side) to Ana Musat (ana.musat@aldersgategroup.org.uk). 

See the full job description for more details.


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.

Summer statement Rishi Sunak

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.

hm

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.

PM recovery speech

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

CCC logo website

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.” 

COP6

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.”

commssion

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.”

Petersberg 2020

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.”

COP6

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

PARLI

EU sets pathway to climate neutrality: welcome direction but short term ambition must be strengthened

4th March 2020

Responding to the proposal of the European Climate Law earlier today, Nick Molho, Executive Director of the Aldersgate Group, said “As a cross-economy organisation with business members eager to invest in the EU’s climate resilient and low carbon infrastructure, we are pleased to see the EU Commission’s proposal to enshrine the objective of climate neutrality by 2050 into law as part of President Von der Leyen’s European Green Deal. This law has a crucial role to play in providing businesses with a clear trajectory and sense of direction for future policies.”
 
Nick Molho added “To be credible in the eyes of other world leaders ahead of COP26 and support cost-effective investment and supply chain growth, the Climate Law must be accompanied as soon as possible by a more ambitious target for 2030, which must act as a credible stepping stone towards the 2050 target. It is also essential for European businesses that stronger ambitions come hand in hand with concrete policies to accelerate low carbon investment and innovation in buildings, transport, energy and industry.”

commssion

Government reshuffle: Successful COP26 and clean growth need to be at the forefront of the government’s priorities

13th February 2020

Reacting to today’s government reshuffle, Signe Norberg, Public Affairs Manager of the Aldersgate Group, said: “With a rejuvenated ministerial team, it is crucial that the government turns its attention to the environmental, climate and clean growth agenda. With COP26 only nine months away, the UK can host the summit in a position of strength by putting forward a clear policy plan for delivering its net zero emissions target, progressing its Environment Bill and developing a trade policy that is consistent with its climate and environmental ambitions.  

Signe Norberg added: “Having a minister in charge of COP26 will hopefully focus minds and enable rapid progress in organising the conference. UK climate diplomacy now needs to double down on the key issues that will be most contentious at the summit, including developing a viable mechanism to support countries that are already vulnerable to climate impacts and reaching agreement on a rulebook for international co-operation and carbon markets under Article 6 of the Paris Agreement.”  

PARLI

Environment Bill: an important and welcome landmark but business needs more clarity

30th January 2020

Reacting to the announcement of the re-introduction of the Environment Bill, Nick Molho, Executive Director of the Aldersgate Group said: “Improving the state of the natural environment is essential to support a resilient and competitive economy, improve our ability to adapt to climate change and deliver much needed negative emissions to achieve the UK’s net zero target. Businesses have been keen to play an important role in this, but lack of clarity about future policy has deterred investment flowing towards the natural environment to date. That’s why we welcome the re-introduction of the Environment Bill today and the creation of a process to set legally binding long-term targets, backed up by environmental improvement plans.

The return of the Environment Bill sends an important signal to business, but more clarity is needed to ensure private sector investment rapidly materialises alongside ambitious government action. In particular, the Bill needs to clearly set out the expected ambition of future targets and how they will be set, provide for environmental improvements in each priority areas to be delivered in a cohesive way, and establish a more robust framework to incentivise successive governments to deliver on shorter-term interim targets as is the case under the Climate Change Act, where interim carbon budgets are legally binding.”

Nick Molho added: “In addition to a clear sense of direction, businesses value the reassurance provided by an independent and effective regulatory enforcement regime. We welcome the broad enforcement powers provided to the Office for Environmental Protection (OEP) and the inclusion of climate legislation within these, but believe its independence needs strengthening in the Bill. Parliament should be given a key role in scrutinising the appointment of the OEP Chair and we would welcome greater clarity in the Bill on the OEP’s multi-year budget.”

 

PARLI

Queen’s Speech: environment and climate change must be at the heart of this government’s policy agenda

19th December 2019

Reacting to today’s Queen’s Speech, Nick Molho, Executive Director of the Aldersgate Group, said: “The next five years will determine whether the UK is on track to deliver its net zero emissions target and reverse the decline of the natural environment. With ample cross-party consensus, two major global summits in 2020 and growing business and public calls for more action, this government has the historic opportunity to push forward the most ambitious environmental and climate policy agenda on record. The Environment Bill announced today will be an important step in this direction: it should set robust environmental improvement targets, set tangible interim milestones and establish a truly independent Office for Environmental Protection.”

Nick Molho added: “The measures introduced in the Environment Bill need to be rapidly accompanied by a truly ambitious and concrete policy plan for achieving net zero emissions covering areas such as buildings, surface transport and industrial decarbonisation. It is vital that this plan is delivered well ahead of the autumn in order to maximise the UK’s influence as host of COP26 and ensure this crucial summit results in a meaningful increase in global emission reduction pledges.”

PARLI

General Election: now or never for the environment and climate change

13th December 2019

Following the success of the Conservative Party at the General Election, the Aldersgate Group urges the new Government to press ahead with a meaningful and ambitious climate and environmental agenda.

Nick Molho, Executive Director of the Aldersgate Group, said: “The Government’s policy decisions in this parliamentary term will be absolutely critical. They will determine whether the UK is genuinely on track for achieving its net zero target and reversing the decline of the natural environment within a generation. They will also determine whether UK businesses can become amongst the most competitive providers of low carbon goods and services globally. The Prime Minister and the Conservative Party have been consistent in voicing their support for climate and environmental action throughout the campaign, they must now deliver on the ground with the urgency and thoroughness that the clean growth challenge requires.”

Nick Molho added: “Businesses want the Government to hit the ground running in 2020, with urgent policy decisions needed on the environmental and climate agenda. Key priorities should include putting together credible plans to deliver and fund the net zero transition and introducing an ambitious Environment Bill to safeguard the proper enforcement of environmental law and introduce legally binding environmental improvement targets. This will need to be complemented by putting in place a climate diplomacy and trade strategy that is consistent with delivering the UK’s climate and environmental targets.” [1]  

—ENDS—

[1] The Aldersgate Group launched its Manifesto report on 21 November 2019, setting out key policy priorities across the climate and environmental agenda for the next Government. The report is available at: http://www.aldersgategroup.org.uk/latest#general-election-2019-next-five-years-crucial-to-deliver-climate-and-environmental-goals

PARLI

Scottish Climate Change Bill is an important global milestone

25th September 2019

Responding to the vote of the Scottish Parliament to approve the Scottish Climate Change Bill, Nick Molho, Executive Director of the Aldersgate Group said:

“We strongly welcome the Scottish Parliament’s adoption of the Scottish Climate Change Bill that commits Scotland to achieving net zero greenhouse gas emissions by 2045 and a 75% reduction by 2030. This Bill is significant because it shows global leadership ahead of the crucial COP26 climate summit that will be hosted in Glasgow, but also because it follows the recent Programme for Government where the Scottish Government put climate change at the heart of its plans for the year ahead. Looking ahead, the Scottish Government and Parliament should build on this comprehensive approach to tackling climate change and ensure that policy plans to accelerate emissions cuts in crucial areas such as buildings, land use and transport are rapidly finalised to put Scotland on a credible pathway towards meetings its target. This will reduce the cost of investment and support businesses in benefiting from the significant economic opportunities that will come with being an early mover in the development of new ultra low carbon goods and services."

scotland4

Reactive to PM Boris Johnson announcements at the UN Climate Action Summit 2019

24th September 2019

Attending the UN Climate Action Summit in New York yesterday, Prime Minister Boris Johnson announced the UK would double the UK’s international climate finance spend, including a £1bn aid package to export British clean technology to developing countries, as well as a £220m fund to protect endangered wildlife. Reacting to the PM’s statement, Nick Molho, Executive Director of the Aldersgate Group said: “These commitments are welcome as they confirm the UK’s determination to help other countries tackle climate change and halt biodiversity loss. Given only a few countries stepped up with more ambitious pledges at the Climate Action Summit, it reinforces the crucial importance of the UK being an effective host of COP26, which must see all emitters delivering more ambitious NDCs. Ultimately the test of the UK’s commitment on climate change will be whether it introduces a comprehensive plan to deliver its own net zero target by 2050 at the latest.”
 
Nick Molho added: “The Prime Minister reflected on the UK’s record of cutting emissions. The government must now broaden its action to restore the natural environment by introducing a world-leading Environment Bill that aims to reverse the current biodiversity loss in the UK to set a clear example at home while contributing to the protection of the environment abroad.”

Boris in NY

Spending Round 2019: UK climate and environmental ambitions require comprehensive plans

4th September 2019

Reacting to the Spending Round statement presented to Parliament today by the Chancellor Sajid Javid, Nick Molho, Executive Director of the Aldersgate Group said: “Recognising that today’s Spending Round was not a major fiscal event, it was good to hear the Chancellor reconfirm the government’s commitment to delivering the net zero target and the ambition of its 25 Year Environment Plan. The announcements of more spending on public transport and further education are steps in the right direction, the latter being important to ensure the UK’s workforce is well placed to benefit from jobs in the low carbon economy.”

Nick Molho added: “However, today’s announcements do little to put the UK on track to achieve its environmental and climate ambitions. If the government is serious about these commitments, it needs to put in place comprehensive plans to deliver them. This requires in particular an ambitious Environment Bill that sets long-term environmental improvement targets and is backed up by properly funded delivery policies. It also requires a detailed update to the Clean Growth Strategy to increase policy ambition in areas such as buildings, transport and industrial decarbonisation to put the UK on a credible pathway to achieve net zero emissions.”

Sajid Javid

Government must crack on with delivering a competitive and net zero emissions economy

1st August 2019

In a new manifesto published today, the Aldersgate Group calls on the new government to press ahead with action to deliver the UK’s net zero emissions target and introduce an ambitious Environment Bill. This manifesto, Building a competitive, net zero emissions and climate-ready economy, calls for ambitious and stable policies that will accelerate emission cuts across the economy, reverse the decline of the natural environment and deliver industrial opportunities in fast growing areas of the world economy. The manifesto’s key demands for the new government are to:

Introduce a ‘Clean Growth Strategy Plus’ that delivers an increase in ambition to match the UK’s net zero target. This should incorporate concrete policies that accelerate private sector investment to decarbonise priority sectors such as surface transport and buildings. Binding energy efficiency targets, fiscal incentives such as stamp duty adjustments, tightening emission vehicle standards and guaranteed zero emission vehicles grants until the mid-2020s are amongst some of the key measures called for in the manifesto. 

Introduce without delay an ambitious Environment Bill that provides a world-class environmental law enforcement regime, safeguards environmental protections currently enshrined in EU law and goes beyond the status quo by setting ambitious and legally binding targets for environmental improvements in line with the vision of the 25 Year Environment Plan. 

Rapidly implement the Resources and Waste Strategy through the introduction of detailed regulatory measures and fiscal incentives such as resource efficiency product standards, extended producer responsibility schemes and updated public procurement guidelines that drive greater resource efficiency and cut waste across the economy. 

Turn the Green Finance Strategy into concrete action by in particular working to make TCFD disclosure mandatory in the early 2020s, supporting investors and businesses to disclose their exposure to climate risks in line with these recommendations and working closely with the Green Finance Institute to identify and direct public funding towards key market barriers that stand in the way of greater private sector investment in green infrastructure. 

Nick Molho, Executive Director at the Aldersgate Group, said: “The time has now come to focus on delivery. If the UK is to attract the large volume of affordable private sector investment required to deliver its environmental and climate ambitions and strengthen its competitive advantage in these fast growing areas of the global economy, Boris Johnson’s government needs to rapidly flesh out a plan of action for the decade ahead to put the UK on track for achieving net zero emissions and introduce an ambitious and comprehensive Environment Bill.”

Nick Molho added: “With the date of Brexit fast approaching, it is crucial that the UK’s trade policy is consistent with its domestic policy agenda. In order to support the integrity of the UK’s increasingly ambitious environmental and climate policy commitments and support the competitiveness of its businesses, the UK’s future trade agreements should seek to uphold high environmental standards that are consistent with domestic targets and promote growing trade in low carbon and environmental goods and services.”  


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