The need for an economic recovery package that creates resilience in our communities and reduces carbon emissions has never been more needed. The Covid-19 crisis has revealed the structural weaknesses of our economy to external shocks, and we are all aware of the rising damage that climate change will bring. Action now to revive our economy must be built on building in resilience to climate change, both by adapting and mitigating its effects.
A group of 24 mayors and local leaders, representing 24 million people across the country have established a new Resilient Recovery Taskforce. They are calling on the Chancellor to commit to a ‘New Deal for Green Skills and Growth’, alongside a major push on infrastructure investment, public transport and retrofitting homes.
New research from UK100 indicates that a “retrofit army” of nearly half a million builders, electricians and plumbers will be needed to help meet the government’s objective of becoming Net Zero by 2050. Our research to launch the Taskforce in July showed that more than 3.1 million job posts affected by the shift to green jobs will need access to skills and training from government and industry.
The Taskforce has submitted a proposal to the Chancellor, Rishi Sunak, to unlock £100bn as part of the Spending Review, which closes on 24 September 2020, along with a 5-point Resilient Recovery Declaration. The finance should be predominantly met from the private sector with the Treasury pump-priming £5bn via a Net Zero Development Bank.
The leaders of the following local authorities have signed up to the declaration:
- Leeds City Council
- Bath and North East Somerset
- Belfast City Council
- Birmingham City Council
- Bristol City Council
- Cambridge City Council
- Cambridgeshire County Council
- London Borough of Camden
- Cardiff City Council
- Cornwall Council
- Leicester City Council
- Liverpool City Region
- Greater London Authority
- Greater Manchester Combined Authority
- Manchester City Council
- Newcastle City Council
- North of the Tyne Combined Authority
- Nottingham City Council
- Oxford City Council
- Sheffield City Council
- Sheffield City Region Combined Authority
- Southampton City Council
- West Midlands Combined Authority
- West of England Combined Authority
Professor Andy Gouldson, University of Leeds is the adviser to the Taskforce
UK100 is acting as the Resilient Recovery Taskforce Secretariat.
To find out more about the Taskforce and to read the declaration follow this link.