British companies have called on the government to take rapid action in tackling climate change and building a low-carbon Britain.
The 10 June issue of the Financial Times featured an open letter to the prime minister, which was organised by WWF UK.
It was signed by 80 major UK businesses asking the PM to take decisive action in establishing a long-term framework for investment in green growth and the UK’s low-carbon future.
Key recommendations included the need for the government to:
- seek a strong global climate deal in Paris in December that limits temperature rises to below 2°C;
- set an ambitious fifth carbon budget to drive forward UK emissions reductions (covering period 2028-32); and
- establish a long-term framework for investment in the low-carbon economy, giving industry much-needed clarity over what is expected in terms of low-carbon development, and boost the confidence of green investors.
Baxi managing director Paul Hardy said: “Despite being reinstated, it is understandable that it still may take time for the prime minister to map out all of the initiatives detailed in his manifesto.
“However, the issue of climate change is one which cannot be put on the back burner. With the former coalition having set a real precedence for green growth, it is important that we do not lose momentum and continue to move a low-carbon economy along – but we need clarity from the government.
“By working together in close partnership with the government and key stakeholders, leading businesses can play an integral role in making sure our aims for a low-carbon Britain are fully realised – creating a more sustainable economy and brighter future for all.”