recovery

Make Covid-19 recovery green, say business leaders

More than 200 top UK firms and investors are calling on the government to deliver a Covid-19 recovery plan that prioritises the environment.

They say efforts to repair the economy should support the government’s commitment to tackle the climate change crisis.

They believe ministers should use the Covid-19 lockdown as a springboard to propel a green economy.

The signatories to the letter include Lloyds Bank, Asda, Siemens and Sky.

The proposals outlined by firms such as Mitsubishi, Signify and Yorkshire Water in a letter to the prime minister include:

  • Driving investment in low carbon innovation, infrastructure and industries.
  • Focusing support on sectors that can best support the environment, increase job creation and foster the recovery – whilst also decarbonising the economy.
  • Putting strings on financial support to ensure firms getting bailout cash are well managed, and in step with climate goals.

In a speech on Thursday Boris Johnson briefly committed

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