Business looking for guidance and leadership from government on transition to net zero

Responding to the Government’s Net Zero Review: Call for evidence, Alex (Alexandra) Hall-Chen, Senior Policy Advisor at the Institute of Directors, said:

“A transition to a zero-carbon economy is essential for long-term economic growth and stability, thus any rolling back of the net zero by 2050 target would not be in the interests of business. The interests of the business community will be best served by a managed transition marked by effective government leadership on, and commitment to, net zero. Business is on board with the necessity of the transition and is looking for guidance and leadership from government as to how to efficiently and effectively achieve it.

“Long-term planning and leadership from government are crucial to realising the potential economic gains from the transition to net zero, and we would encourage government to work in close partnership with business representative organisations to ensure that businesses of all sizes receive the support they need to not only become net zero in their operations but reap the economic benefits and opportunities of doing so.”

The Institute of Directors’ full response to the Net Zero Review Call for Evidence is available here.