Committees

HM Treasury and the economics of climate and nature

Inquiry

The Environmental Audit Committee is examining the role of HM Treasury in shaping the UK’s response to climate change, nature loss and wider environmental sustainability. The Government’s economic policy objective includes a commitment to “accelerate the transition to a climate resilient, nature positive and net zero economy”.[1]

This inquiry will explore how HM Treasury influences the Government’s approach to climate change, nature loss and environmental sustainability through economic policy, appraisal frameworks and funding decisions. It will also assess the extent to which these objectives are reflected in practice, including whether climate, nature and environmental sustainability are recognised as contributors to long term growth and resilience. In addition, the inquiry will consider how effectively climate and environment related risks and opportunities are assessed within economic and fiscal decisions, and what impact HM Treasury has in addressing them.

[1] Remit for the Monetary Policy Committee

Read the call for evidence for more information about this inquiry, and to find out how to submit written evidence through the Committee's online evidence submission portal.

This inquiry is no longer accepting evidence

The deadline for submissions was 5:00pm on 21 May 2026.

Upcoming events

View all events

No upcoming events scheduled

Past events

Wednesday 15 July 2026
2:30pm Public
HM Treasury and the economics of climate and nature - Oral evidence 15 July 2026
2:30pm
  • Ben Howarth (Assistant Director and Head of Sustainability and Climate at The Association of British Insurers (ABI))
  • Toby Radcliffe (Policy Officer at Aldersgate Group)
  • Tom Josephs (Member of the Budget Responsibility Committee at Office for Budget Responsibility)
3:30pm
  • The Rt Hon. the Lord Sharma KCMG (Chair at Transition Finance Council)
  • Jennifer Wu (Head of Secretariat at Transition Finance Council, and Head of Sustainable Finance Innovation at City of London Corporation)
4:00pm
  • James Alexander (Chief Executive at UK Sustainable Investment and Finance Association)
  • Jaya Sood (Senior Economist at New Economics Foundation)
Room 8, Palace of Westminster
Wednesday 17 June 2026
2:30pm Public
HM Treasury and the economics of climate and nature - Oral evidence 17 June 2026
2:30pm
  • Professor Ben Groom (Dragon Capital Chair of Biodiversity Economics at The University of Exeter, Visiting Professor at London School of Economics and Political Science (LSE), and Visiting Professor at Grantham Research Institute on Climate Change and the Environment)
  • Dimitri Zenghelis (Fellow at University of Cambridge Institute for Sustainability Leadership, Associate at Bennett Institute for Public Policy, Partner at Independent Economics, and Senior Visiting Fellow at Grantham Research Institute, London School of Economics)
3:30pm
  • Dr Steve Coulter (Head of Economy at Green Alliance)
  • Karen Ellis (Chief Economist at World Wide Fund for Nature (WWF))
  • Heather McKay (Programme Lead - Finance & Resilience at E3G)
The Wilson Room, Portcullis House

Contact us

We receive a significant number of emails each day. All requests and invitations are considered but we do not respond directly to everyone. Please be aware, the committee does not look at individual cases or specific complaints.

  • Email: eacom@parliament.uk
  • Address: Environmental Audit Committee, House of Commons, London, SW1A 0AA