Focus on low carbon and environment crucial for recovery

 

Responding to the Labour Party’s green economic recovery consultation report today, Signe Norberg, Public Affairs Manager at the Aldersgate Group, said: “Focusing on low carbon technologies, skills and services will be crucial as the UK recovers from the COVID-19 pandemic. This will create new jobs, spread opportunities across the country and support our climate and environmental goals. As we have argued in recent reports [1], these opportunities need to be supported by a programme of near-term public investment, the creation of new institutions, such as a National Investment Bank, a low carbon skills strategy and comprehensive policies which can drive long-term private sector investment. The consultation report highlighted by the Labour Party today illustrates the opportunities that lie ahead and the range of actions that are required to achieve them.”

 

 

[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: https://www.aldersgategroup.org.uk/latest#rebuilding-to-last-uk-must-not-go-back-to-the-old-normal

Aldersgate Group (2020) Seize the Moment: https://www.aldersgategroup.org.uk/latest/page:2#low-carbon-projects-are-a-key-solution-to-jobs-inequality-and-resilience-concerns

Aldersgate Group (2020) Building a net zero emissions economy https://www.aldersgategroup.org.uk/latest#businesses-call-for-urgent-policy-decisions-to-put-uk-economy-on-track-for-net-zero-emissions