Chancellor’s green jobs package is welcome, but falls short of what
is needed to maximise jobs potential or tackle the climate crisis,
says IPPR
Responding to the
Chancellor’s announcement on an ‘eco-friendly’ jobs recovery,
Luke Murphy, head of the IPPR Environmental Justice Commission
calls for more ambitious action. Last week IPPR published
research showing that 1.6 million green and clean jobs could be
created with the right level of
investment.
Luke
Murphy, Head of the IPPR Environmental Justice Commission,
said:
“This announcement of investment in green jobs is a welcome first
step to securing the clean economic recovery we need from
Covid-19. However, if this is the sum total of the
government's ambition then it is well short of what is needed
both for job creation and to get the UK on track for net zero.
"The level of investment falls far short of the £30 billion
public investment gap that needs to be filled to get the UK on
track to meet net zero and it is also considerably less than
the £9.2 billion promised for energy efficiency in the
Conservatives' election manifesto.
“Investing for a clean recovery could create over 1.6 million
good jobs, be good for the environment and would be popular with
the public. This Wednesday the government must move beyond the
Roosveltian rhetoric and deliver the recession beating investment
that the economy needs."
NOTES TO
EDITORS
-
The IPPR paper,
Transforming the Economy after Covid-19: A clean, fair and
resilient recovery by Carsten Jung and Luke Murphy, was
published on Thursday July 2. It is available for download
at: http://www.ippr.org/research/publications/transforming-the-economy-after-covid19
-
Previous work by IPPR has
shown that there is a £30 billion annual investment gap between
the government’s current planned spending and what is needed to
deliver its ambitions for net zero and to restore nature. This
research is available here: https://www.ippr.org/blog/budget-2020-level-up-the-economy-step-up-to-the-environmental-crisis
-
An additional £15 billion
per year is needed to deliver the number of affordable homes
required to meet housing need. This research is available
here: https://www.ippr.org/research/publications/living-rent
-
The jobs figures are
collated from a variety of third-party sources, including
government statistics. Because they are based on varying
assumptions they should be treated as broad estimates. The
total number represents jobs that could be created up to 2035.
More details are contained within the
report.