All (Climate) Change Please – the shift from the moral obligation to legislation, says an article on The Business Desk.
Regulation for climate change
The UK is leading an international response to climate change and the COP26 presidency will hopefully demonstrate what effective regulatory cooperation should look like. Through the international regulatory cooperation strategy, the UK government is going to look at what systematic changes can be made for a more global approach to regulation for climate change, among wider issues.
The UK was the first global economy to legislate for net-zero as a means of tackling climate change, and there is a binding legal obligation on the UK government to deliver net-zero.
Net-zero commitment
Numerous complementary regulatory and policy areas are developing in support of the net-zero commitment, including in relation to climate-related financial disclosures, industrial strategy, and promoting and regulating green technologies.
The range of regulatory measures, and proposed new regulation, is vast. It includes Net-zero and Carbon Budgets, Industrial Decarbonisation Strategy, and Other Key Policies.
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Source: The Business Desk
