Response to HM Treasury and the economics of climate and nature inquiry

Aldersgate Group prepared a response to the Environmental Audit Committee’s (EAC) inquiry into “HM Treasury and the economics of climate and nature”. This explored how HM Treasury influences the Government’s approach to climate change, nature loss and environmental sustainability through economic policy, appraisal frameworks and funding decisions. It also assessed the extent to which these objectives are reflected in practice, including whether climate, nature and environmental sustainability are recognised as contributors to long term growth and resilience.

Climate and nature risk are high priorities for businesses across the economy, and leadership from government is recognised as a key enabler in unlocking the scale of capital required to address these twin challenges. Our response draws on previous work (see appendix 2 of the document) and is informed by stakeholder engagement both within our members and with external policy-focused organisations with expertise in environmental economics and green finance.

Click here to find the EAC’s consultation page, and the button on the left to find Aldersgate Group’s response.