Chair comments on Government funding for green technology and jobs
24 May 2021
Commenting on the Government’s announcement on additional investment in green technology and jobs, Rt Hon Philip Dunne MP, chairman of the Environmental Audit Committee, said:
“While today’s announcement is an important step in the right direction, the Government needs urgently to outline its overall strategy for attracting both public and private sector investment in green technology. Without this, businesses and innovators will struggle to understand the ground rules for future investment decisions, which will seriously impede our ability to develop the technologies required to reach net-zero by 2050.”
In the EAC’s report ‘Growing back better: putting nature and net zero at the heart of the economic recovery’, the Committee called for the Government to front-load its investment in areas such energy efficiency, the circular economy, climate adaptation and nature recovery, to counter rising unemployment by creating green jobs. You can read the full report and a summary of the Committee’s recommendations here.
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