The Climate Change Committee (CCC) published its recommendation on the level of the Sixth Carbon Budget in December 2020. It sets the path to the UK’s Net Zero emissions target in 2050, and will become the first carbon budget to be set into law following that commitment. The CCC held a series of online events which looked at how the UK can get to Net Zero and the opportunities and challenges ahead. Below is the event presentations and associated slides.
The UK’s international contribution – the Sixth Carbon Budget and Net Zero
This online session marks the start of 2021 – the year of COP26. It explores the CCC’s advice on the Sixth Carbon Budget as a fair and ambitious contribution to tackling climate change, considering how and why the Sixth Carbon Budget and the UK’s 2050 Net Zero target represent genuine global ambition to keep warming to the 1.5⁰C – well below 2⁰C limit as set out in the Paris Agreement.
The Economics of Net Zero
This event considers the CCC’s advice on the Sixth Carbon Budget and explores potential implications for UK jobs and the wider economy. It includes presentations from the CCC’s Chief Economist, Mike Thompson and Hector Pollitt, Chief Economist at Cambridge Econometrics.
Cambridge Econometrics was commissioned by the Climate Change Committee as part of its work on the Sixth Budget to produce an in-depth report looking at the economic impact of the Net Zero transition. Read the Cambridge Econometrics report.
Financing Net Zero
The CCC’s Sixth Carbon Budget identified a need for a programme of low-carbon investment reaching £50 billion/year by 2030. This event considers the Climate Change Committee’s advice on how to finance the Net Zero transition as part of the Sixth Carbon Budget, informed by the CCC’s Expert Advisory Group on Finance. The group was commissioned by the CCC as part of its work on the Sixth Budget to assess the UK financial system’s ability to deliver the Net Zero target. Read its full report here.
Policies to meet Net Zero
The CCC’s Sixth Carbon Budget advice identified the need for a programme of cross-economy policy to drive the transition to Net Zero. This includes public engagement, technology support, international action and driving a just transition. This event considers the Climate Change Committee’s advice on policy as part of the Sixth Carbon Budget, informed by the Expert Advisory Group on Policy – a group of leading policy experts, commissioned by the CCC to look at how to deliver the Net Zero transition in practice.
Download the slides – Policies to meet Net Zero CCC’s Presentation.
Download the slides – Policy Advisory on Net Zero Group.
Net Zero: The role of individual action
This event considers the Climate Change Committee’s advice on the Sixth Carbon Budget, and delves into the components relying primarily on behaviour change including in delivering emissions reductions from housing, agriculture and transport. The event considers the findings of a new paper, published alongside the Sixth Carbon Budget, by CCC Committee Member Professor Nick Chater ‘Net Zero after Covid: Behavioural Principles for Building Back Better’.
Net Zero: The role of business
This event considers the Climate Change Committee’s advice on the Sixth Carbon Budget, and delves into how businesses can help deliver the UK’s national Net Zero ambition. It discusses the findings of a supplementary report published alongside the Committee’s Sixth Carbon Budget which explores the barriers for UK businesses when it comes to supporting the drive to Net Zero.
Net Zero: The role of local action
This event considers the Climate Change Committee’s advice on the Sixth Carbon Budget and delves into how local authorities can help deliver Net Zero. It includes discussion of a new supplementary report, published alongside the Sixth Carbon Budget, looking at the role of the UK’s local authorities in delivering the Net Zero transition.
Net Zero: The need for joint action on adaptation
This event considers the Climate Change Committee’s advice on the Sixth Carbon Budget, and delves into the areas where action on adaptation can and should complement steps to reduce UK emissions, resulting in multiple benefits.
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