On November 25th, industry leaders, Lord Deighton (Commercial Secretary to the Treasury) and Michael Fallon (Business and Energy Minister) signed a joint initiative to reduce carbon in infrastructure. It’s believed this initiative could save a whopping 24 million tonnes of carbon and £1.46 billion a year by 2050.
The Infrastructure Carbon Review, developed jointly by government and industry through the Infrastructure Cost Review and Green Construction Board, sets out a series of actions for government, clients and suppliers to reduce carbon from the UK’s construction and infrastructure operations. Currently infrastructure and related areas like energy, account for around half of all UK carbon emissions. Cutting the volume of construction supplies or using low-carbon materials, as well as employing new technologies, construction techniques and existing resources more efficiently will reduce cost as well as carbon.
The review will run in line with the UK’s climate change commitments, which involve achieving an 80% reduction in its carbon emissions by 2050 and halving UK emissions during the 2023 to 2027 carbon budget period.
What does this mean for your business? For information and advice, take a look at the Infrastructure Carbon Review
Information sourced from the Infrastructure Carbon Review.