STATEMENT: Seventh Carbon Budget Cruicial for UK’s ‘Economic Positioning’

Commenting on the laying of the Seventh Carbon Budget (CB7) in Parliament, UK Sustainable Investment and Finance Association (UKSIF) CEO James Alexander said today (June 2, 2026):

“The government’s strategy for reducing emissions is a vital element of our economic positioning for the years ahead.

“Investors need certainty to allocate billions of pounds of capital to major low-carbon industries, and the carbon budget is an important demonstration of the UK’s ongoing commitment to decarbonisation.

“The benefits of this private financing are being felt among thousands of small and medium-sized companies, which are playing their part in supply chains up and down the country.

“The government must continue to match these emissions benchmarks with policies that make it even more attractive to invest in the UK.”

ENDS

Notes to editors:

UKSIF’s recent membership survey showed 87% of respondents expect both global and UK-specific “investment in renewable energy projects” to increase following the start of the conflict in Iran – read here.

78% of respondents also felt global renewable energy investments were now ‘less risky’ than oil and gas following the outbreak of hostilities – read here.