The Government has been told it should not miss the chance to stimulate green sector jobs with public money when it announces the Budget next month. Green industry lobby group the Environmental Industries Commission has launched a campaign to press the Government to take urgent action.
Among its suggestion the EIC said the Budget should include:
* A significant increase in funding for business support programmes to increase resource efficiency
* Clarification of the landfill tax and changes to how revenue generated from it is used
* Support for brownfield development ensuring that the extension of the Land Remediation Relief fully supports the redevelopment of such sites.
The campaign is calling for a £10 billion Green Jobs Investment Fund, but the majority of this would be earmarked for building and retrofitting residential and public buildings (£8.5bn). This would leave £1.5bn for other investments such as the recycling and waste sector among others.
The EIC has also called for an increase in the ambition of the Carbon Reduction Commitment, which could see a more pronounced switch to energy generation from renewables like anaerobic digestion and gasification.
EIC policy director Danny Stevens said: The UKs future competitiveness will depend on the urgent transition to a low carbon economy and this years Budget is a real test of how serious the Government is about making this transition and the thousands of new British businesses and hundreds of thousands of new jobs it will create.