STATEMENT: UKSIF Response to Tony Blair Institute Report

Commenting on the Tony Blair Institute for Global Change (TBI) report, More Than Clean Power: Electrification Is the UK’s Best Bet for Resilience, UK Sustainable Investment and Finance Association (UKSIF) CEO James Alexander said today (April 10, 2026):

“The Tony Blair Institute is right to recognise that electrification can address the systemic weaknesses in our energy system, driven by our dependence on fossil fuels.

“The volatility in global oil and gas markets, which has hit UK growth and fuelled inflation, shows the clear economic case for shifting to stable, clean power generation.

“But this will only happen if investors have the confidence to back long-term renewable energy infrastructure projects with billions of pounds of private capital.

“Pivoting energy policy back towards oil and gas extraction would risk sending the wrong signals to the very financial institutions that we need to fund the UK’s energy future.”