Green Economy Council formed to help business rise to the low carbon challenge

Published on Wednesday, 16 February 2011 12:03
Posted by Scott Buckler

The Green Economy Council is holding its first meeting today (16 February) to discuss how government and industry can work together to support the transition to a green, low carbon economy......and minimise the costs for business while maximising the opportunities.

 

A group of high level business leaders from a cross-section of industries and sectors will advise government on green and green growth policies such as infrastructure, innovation, investment, and unnecessary regulation.

The Council will uniquely bring together Ministers from three key departments – the Department for Business, Innovation & Skills (BIS), the Department of Energy and Climate Change (DECC) and the Department for Environment, Food and Rural Affairs (Defra).

Among the key issues on today’s agenda will be the Green Economy Roadmap, which is being developed by all three departments and will be published in the spring. This will set out the Government’s long term strategy on climate change and the environment.

Business Secretary Vince Cable chaired the first meeting. He said:

 

“The transition to a green economy brings both opportunities and challenges that we need to tackle now to achieve sustainable growth and meet climate change targets.

“I’m delighted that we have attracted top business leaders from key sectors to join us on the Green Economy Council and help us develop these policies.

“We need to minimise the burdens on business and industry during this transition, while we create the necessary conditions for green growth and investment in the green economy.”

Energy and Climate Change Secretary Chris Huhne said:

If we don’t get off the oil hook we risk getting buffeted by each and every oil spike, damaging our economic and energy security.

“We want to work with Britain’s industry experts to make green jobs and investment come to the UK. We can be a world-leading low carbon economy, but we need to get ahead of the likes of China who are closing down on us fast.

“The Coalition is putting in place the framework for significant low carbon investment, including reforming the electricity market, setting up the Green Investment Bank, and legislating for the Green Deal.”

Environment Secretary Caroline Spelman said:

Economic growth and protecting the natural environment must go hand-in-hand. More sustainable use of natural resources will help to reduce business costs, while planning for the likely impacts of climate change will help businesses to increase their resilience and also create new markets and jobs.

“The Green Economy Council is an opportunity to work with top industry figures for the good of both businesses and the environment.”

 

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