<article data-sf-ec-immutable=""><section><p><b>The HM Treasury has announced that the government is introducing a series of initiatives to tackle climate change and deliver clean growth, preserving the planet for future generations. Mel Evans, senior campaigner at Greenpeace UK, said that the reality of the statement was ‘a very mixed bag’ and shows the Treasury is ‘failing to truly get to grips with the greatest challenges of our time’. Tim Pugh, solicitor and consultant specialising in infrastructure planning and environment, and Jayne Harrold, PwC’s UK environmental tax leader, also comment on the issue.</b></p></section></article><section><p>The initiatives include:</p><ul><li>a new global review, to be completed in 2020, led by Prof Sir Partha Dasgupta, to assess the economic value of biodiversity and to identify actions that will simultaneously enhance biodiversity and deliver economic prosperity</li><li>a future homes standard, to be introduced by 2025, future-proofing new build homes with low carbon heating and world-leading levels of energy efficiency</li><li>accelerating the decarbonisation of the UK’s gas supplies by increasing the proportion of green gas in the grid</li></ul><p>To this end, in 2019, the government will publish:</p><ul><li>biodiversity and conservation in overseas territories—a call for evidence inviting creative ideas from stakeholders on how the government can safeguard the biodiversity found in the overseas territories</li><li>red diesel—response to call </li></ul></section>
Source: LexisNexis Purpose Built
Spring Statement 2019: Government introduces climate change initiatives