Greenpeace has joined a growing list of organisations demanding that the UK government puts protecting the environment at the heart of any post-Covid-19 economic stimulus package. The campaign group has produced a detailed “manifesto” with measures to boost clean transport and smart power. The document follows a comparable call from some of Britain’s most powerful business leaders earlier this week. Last week, the prime minister also expressed a similar ambition. Boris Johnson said he wanted to see a “fairer, greener and more resilient global economy” after Covid-19 and that “we owe it to future generations to build back better”.
BBC 4th June 2020 read more »
As the UK economy emerges from the Covid-19 pandemic crisis it will face big challenges as the UK Government begins to taper its support packages and businesses seek to rebuild and grow. It is important that lessons are learned from the pandemic so that the UK is more resilient and better placed to deal with future pandemics and shocks. The Committee would like to investigate whether the post-pandemic world presents an opportunity for a resetting of the UK economy: from delivering sustainable climate resistant growth and jobs and levelling up regional economies so that communities and individuals no longer feel left behind to solving old problems such as poor productivity, sluggish exports and disorganised devolution and embracing new opportunities to modernise the UK economy. This Inquiry will give the Committee an opportunity to consider how the Government could borrow and invest to restart and decarbonise the economy. This could include looking at issues such as: which governance models are most effective in delivering growth locally; reskilling and upskilling the workforce; how the government should respond to requests from businesses for ongoing financial support; whether the Government should take stakes in any companies and if so how these should be managed, and; whether the Industrial Strategy is still a relevant and appropriate vehicle through which to deliver post pandemic growth. The Committee can also explore how the Government can mitigate against the risk of a resurgence of problems that existed before the pandemic, such as inequality, regional imbalances, poor productivity, declining manufacturing and slow progress on delivering net zero, amongst others. This inquiry will not evaluate whether or not the actions taken by the Government to tackle the COVID19 pandemic were warranted.
BEIS Committee 3rd June 2020 read more »
Greenpeace UK has today published a detailed ‘manifesto’ setting out how the government could deliver an effective green recovery plan that would help revive the economy from the coronavirus pandemic. Titled A Green Recovery: How We Get There, calls for a series of transformative recovery packages that mobilise significant investment in green infrastructure and ensure that radical policy changes transform business and operating models across five priority areas: clean transport, green buildings, smart power, nature, and a circular economy.
Business Green 4th June 2020 read more »
Chancellor Rishi Sunak is poised to make green jobs the centrepiece of the government’s imminent economic recovery package, as Ministers look to turbocharge the net zero transition in their bid to avert a deep recession. The Times reported this morning that Sunak is planning a “green industrial revolution” that would aim to create thousands of jobs for those made redundant through the economic fallout from the coronavirus pandemic. The economic stimulus package – which is due to be announced next month – is expected to include specific new skills programmes to help people who lose their jobs to “reskill” in clean industries, such as building upgrades, offshore wind, tree-planting, and carbon capture. The Times reported the measures are understood to go significantly beyond the Conservative’s manifesto commitment to create two million jobs in clean energy within the next decade. The news follows similar reports from the FT, which suggested low carbon industries would play a central role in the government’s recovery plans, as well as Prime Minister Boris Johnson’s assertion last week that the world should look to ‘build back better’ and use recovery packages to advance climate action. Earlier this week, Business Secretary Alok Sharma provided further insight into the government’s thinking in an op ed in The Independent in which he declared that the world now faced a choice “between laying the foundations for sound, sustainable and inclusive growth or locking in polluting emissions for decades to come”. He added that the UK would “build back better… through a clean, resilient recovery that delivers for both people and planet”. The latest interventions came on the same day as WWF added to the growing library of studies demonstrating how climate action promises to deliver a raft of economic benefits in response to the coronavirus crisis. The new report – entitled Keeping us Competitive and produced by Vivid Economics – suggests transitioning to net zero emissions could offer at least 210,000 jobs in 2030 and 351,000 in 2050 from sectors such as green buildings, electric vehicles and power.
Business Green 3rd June 2020 read more »