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EAC calls for climate and nature investment to be prioritised in the economic recovery - Environmental Audit Committee

VAT reductions to encourage energy efficiency, the use of recycled materials, and repair services are among recommendations the Environmental Audit Committee (EAC) makes today as it publishes its report on how to 'grow back better' after covid-19 – to create a greener, healthier and more resilient economy.

The cross-party EAC warns that if the economic recovery from covid-19 is not used as an opportunity to 'grow back better', climate change and biodiversity collapse may deliver an even greater crisis.

While the Prime Minister's Ten Point Plan for a green industrial revolution points in the right direction, it is not yet investible and underlying strategies need to be published rapidly to give industry confidence. The report calls 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. The EAC heard that this investment will provide economic multipliers in terms of jobs and improved productivity and will offer wider benefits such as cleaner air and warmer homes.

Infrastructure invested in now will be in use for decades to come. It is essential that all decisions on infrastructure investment comply with the UK's air quality, biodiversity protections and climate change commitments.

Access the report here

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