UKSIF comment on the Chris Skidmore Net-Zero Review

A quote from our Chief Executive, James Alexander, on the publication of Chris Skidmore’s Net-Zero Review.

“We very much welcome the high ambition outlined in the Skidmore Review and the clear, persuasive economic case it makes for net-zero delivery in the UK. We would urge government to meaningfully engage with its recommendations for the real economy and financial services, and to more clearly recognise the enormous short and long-term economic benefits of the UK’s transition.

Many investors will be particularly pleased to see the Review emphasise the importance of greater policy clarity, with the unclear policy landscape continuing to be a major barrier for our members in driving lending and investment towards decarbonising the economy.

It is positive too that the Review recognises the necessity for good disclosures across the economy, including the need to implement the International Sustainability Standard Board’s standards as well as the UK’s Green Taxonomy as soon as possible. We will continue to make this case to government, which will be critical to facilitate investors’ efforts to address sustainability risks and opportunities.”

–James Alexander, Chief Executive, UK Sustainable Investment and Finance Association (UKSIF)