Net-Zero: How can businesses take advantage of the economic opportunity of the 21st century?

Initially, it may have seemed like the net-zero agenda could be off to a shaky start this year, certainly on the UK policy front, after Prime Minister Rishi Sunak failed to give the climate crisis a mention in his top five priorities for 2023 . However, it wasn’t long before Conservative MP, Chris Skidmore’s Mission Zero Independent Review of Net-Zero report – which labelled net-zero as the “economic opportunity of the 21 st century” – hit the headlines to remind government ministers, businesses and our wider society of the value and urgent need to scale up on climate action. Skidmore has urged government leaders to grasp the “historic opportunity” that net-zero can bring, pointing out that the UK is currently falling behind on some targets and that inconsistent and unambitious policies have resulted in missed opportunities for many businesses and households. Any further delay on climate action, he warns, will risk damaging the UK’s already precarious economic prospects and stifle key growth opportunities. The findings of this review stand in stark contrast to those net-zero sceptics across government and certain media outlets who last year tried to argue that net-zero policies could increase the financial burden on UK citizens […]

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