Net Zero Review

Baroness Whitaker Excerpts

Thursday 1st October 2020 Lords Chamber

[Baroness Penn (Con)]

My Lords, the Government will look very closely at the recommendations of the Climate Assembly. The noble Baroness is absolutely right to say that we need businesses to be on board with this agenda. One of our focuses for COP 26 is green finance, and one of our aims there is to get as many private sector actors and businesses as possible subscribed to standards for green finance that can help transform the money going into businesses and how it is allocated, taking into account climate risk, in the future.

[Baroness Whitaker (Lab) [V]]

My Lords, following on from the earlier question, what thought have the Government given to the need for retraining to open up the new kinds of jobs that will ensue?

[Baroness Penn (Con)]

The Government place huge emphasis on the importance of training as part of our green recovery. The Prime Minister made a series of announcements yesterday on plans to upgrade skills, focusing not just on young people but on older people who did not originally have those skills, to enable them, where needed, to transition to new jobs in the green economy.