BRITISH CHAMBER OF COMMERCE RESPONDS TO LABOUR’S GREEN
PROSPERITY PLAN

BCC
February 8, 2024

Responding to Labour’s latest announcement on its Green Prosperity Plan, Shevaun Haviland, Director General of the BCC, said:

“The UK is a global leader on climate change and the green transition must be at the heart of any economic plan to drive the growth we so desperately need.

“At a time of significant economic challenge, it is crucial that any policies to support the transition to Net Zero remain financially credible.

“Businesses fully understand this and want to engage, but they need consistency, and changes in policy can have a destabilising effect.

“It is encouraging that Labour stands by its commitment to clean energy by 2030, the development of Great British Energy and investment in green skills.

“To reach Net Zero will require a partnership between the private and public sectors to unlock investment across our economy.

“The Chamber Network is already heavily involved in the supply chains for Hinkley and Sizewell, and initiatives to provide crucial funding for green innovation.

“But a robust green strategy focused on delivery across the economy must be underpinned by clear and consistent messaging.”