David Nussbaum, Chief Executive of WWF-UK, said: The Government has made the right decision by committing to continue the UK's move towards a low-carbon economy well into the 2020s.
"This degree of clarity is essential to ensure we can build a secure and low-carbon energy system in an affordable way. It should also spur significant economic growth across new industries where the UK is currently leading the global race.
"Looking ahead, we need the next Government - of whatever political complexion - to ensure policies are in place to attract the significant investment in low-carbon infrastructure needed in the coming decade to meet the emission cuts set out in the budget. All parties must make this a priority in their General Election manifestos."
Notes to editors:
1. The Committee on Climate Change issued its revised advice for the Fourth Carbon Budget in December 2013, which covers the UK's emission reduction objectives for the years 2023 to 2027: http://www.theccc.org.uk/publication/fourth-carbon-budget-review/
2. In December 2013 over 100 businesses, investors, faith groups and NGOs signed a joint statement urging the government to ensure business stability by sticking to plans to reduce the UK's carbon emissions: http://www.wwf.org.uk/wwf_articles.cfm?unewsid=6943
3. The CBI noted in its Colour of Growth report () that "in trying economic times, the UK's green business has continued to grow in real terms, carving out a £122bn share of a global market worth £3.3 trillion [in 2011] and employing close to a million people. And in 2014/2015, it is expected to roughly halve the UK's trade deficit". The report however warned that lack of policy certainty in the green sector could result in "a risk of losing almost £0.4bn in net exports in 2014/2015".
For more information:
George Smeeton, Media Relations Manager WWF-UK
Tel: 01483 412 388, mob: 07917 052 948, email: GSmeeton@wwf.org.uk, twitter: @GSmeeton